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Bill: Income tax proposal of May 2603
Details
Submitted by[?]: Liberal Democracy
Status[?]: defeated
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: January 2604
Description[?]:
| The Liberal Democracy propose to adjust the government's income tax policy to better address the economic situation of the Free Republic of Dorvik. |
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 | 8% | 12,614,000,000 DDO |
| > 25,000 DDO | 15% | 15,549,000,000 DDO |
| > 30,000 DDO | 30% | 22,645,000,000 DDO |
| > 35,000 DDO | 35% | 18,225,000,000 DDO |
| > 40,000 DDO | 45% | 33,818,000,000 DDO |
| > 50,000 DDO | 60% | 49,002,000,000 DDO | Total | 151,853,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 157 | |||
| no | Total Seats: 103 | |||
| abstain | Total Seats: 239 |
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