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Bill: Income tax proposal of July 2135
Details
Submitted by[?]: Maroon 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 2136
Description[?]:
| The Maroon Party propose to adjust the government's income tax policy to better address the economic situation of the Free Republic of Dorvik. We should simplify our tax structure in order to make accounting easier, reflect our economic situation, and encourage growth. First, under the new system, people living under the poverty line in accordance with teh Statistical Data of 2095 will no longer be taxed. Those making between poverty and average income will be taxed at a lower rate, the standard rate will be applied to those making "standard" incomes, and a special luxury tax will be placed on the rich. Most Dorvikians will be paying lower taxes under this system, which can simplify our government' spending and bolster economic growth. |
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 |
| > 2,000 DDO | 11% | 37,882,000,000 DDO |
| > 8,000 DDO | 22% | 160,424,000,000 DDO |
| > 24,000 DDO | 33% | 137,009,000,000 DDO | Total | 335,315,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 118 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 82 |
| Random fact: Submitting a bill without any proposals in it will not attract or detract voters. It will not raise your visibility or change your political position. |
| Random quote: "The test of courage comes when we are in the minority. The test of tolerance comes when we are in the majority." - Ralph W. Sockman |