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Bill: Income tax proposal of July 2849
Details
Submitted by[?]: Free Progressive Party
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: March 2850
Description[?]:
| The Free Progressive Party propose to adjust the government's income tax policy to better address the economic situation of the Socialist 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 |
| > 5,000 DDO | 3% | 8,601,000,000 DDO |
| > 10,000 DDO | 7% | 44,854,000,000 DDO |
| > 25,000 DDO | 10% | 30,612,000,000 DDO |
| > 50,000 DDO | 13% | 10,072,000,000 DDO |
| > 75,000 DDO | 15% | 619,000,000 DDO |
| > 82,000 DDO | 17% | 18,000,000 DDO | Total | 94,776,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 288 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 192 |
| Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
| Random quote: "Politics is all about compromises and negotiations, nothing more, nothing less." - Augusto Amadeo, former Istalian politician |