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Bill: Income Taxation Reform Bill of 2567
Details
Submitted by[?]: Democratic Party of Dorvik
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: November 2567
Description[?]:
| This reform will decrease bureaucracy, make the tax code understandable for all people of Dorvik and more motivating while significantly improving the economic & social situation of the poor & low-income people such as students, pensioners and unemployed. This taxation will also increase tax revenues which can be used to improve services, strenghten the armed forces and pay back the huge national debt. |
Proposals
Article 1
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
| Bracket | Tax | Estimated Revenue |
| > 20,000 DDO | 14% | 22,054,000,000 DDO |
| > 25,000 DDO | 20% | 20,716,000,000 DDO |
| > 30,000 DDO | 26% | 19,610,000,000 DDO |
| > 35,000 DDO | 32% | 16,643,000,000 DDO |
| > 40,000 DDO | 38% | 59,591,000,000 DDO | Total | 138,614,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 376 | |||
| no | Total Seats: 123 | |||
| abstain | Total Seats: 0 |
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