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Bill: Income tax proposal of April 3035
Details
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: December 3035
Description[?]:
This income tax proposal will remove the lowest band of income tax, helping the poorest Dorvinians, whilst keeping our national budget in surplus. |
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 |
> 10,000 DDO | 5% | 24,188,000,000 DDO |
> 20,000 DDO | 20% | 52,278,000,000 DDO |
> 30,000 DDO | 25% | 31,894,000,000 DDO |
> 40,000 DDO | 30% | 22,549,000,000 DDO |
> 50,000 DDO | 35% | 16,195,000,000 DDO |
> 60,000 DDO | 40% | 10,416,000,000 DDO |
> 70,000 DDO | 45% | 3,642,000,000 DDO |
> 80,000 DDO | 50% | 642,000,000 DDO | Total | 161,804,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||
yes |
Total Seats: 393 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 107 |
Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
Random quote: "I have opinions of my own - strong opinions. But I don't always agree with them." - George W. Bush |