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Bill: Income tax proposal of March 3038
Details
Submitted by[?]: Enlightenment Party/Aufklärung Partei
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: November 3038
Description[?]:
| The Enlightenment Party propose to adjust the government's income tax policy to better address the economic situation of the People's 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 |
| > 10,000 DDO | 4% | 19,342,000,000 DDO |
| > 20,000 DDO | 18% | 47,033,000,000 DDO |
| > 30,000 DDO | 23% | 29,333,000,000 DDO |
| > 40,000 DDO | 28% | 21,039,000,000 DDO |
| > 50,000 DDO | 30% | 13,877,000,000 DDO |
| > 60,000 DDO | 40% | 10,413,000,000 DDO |
| > 70,000 DDO | 43% | 3,478,000,000 DDO |
| > 80,000 DDO | 45% | 577,000,000 DDO |
| > 90,000 DDO | 55% | 0 DDO | Total | 145,092,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
| Date | 15:51:05, November 30, 2010 CET | From | . | To | Debating the Income tax proposal of March 3038 |
| Message | Mr. Speaker, The income tax regime proposed here would not raise as much revenue as the current one, and would leave our budget in deficit. It is important for Dorvik to balance her budget, if she can. We also tend to think a change in our tax system should move in the direction of making the tax system simpler (ie. less tax bands!). |
| Date | 15:55:29, November 30, 2010 CET | From | Enlightenment Party/Aufklärung Partei | To | Debating the Income tax proposal of March 3038 |
| Message | Mr Speaker, The minister revised the spending budget too, and we will be in surplus. |
| Date | 15:57:49, November 30, 2010 CET | From | Enlightenment Party/Aufklärung Partei | To | Debating the Income tax proposal of March 3038 |
| Message | Mr Speaker, Cutting the tax is a good way for improving the life style of the family and it's a good way for improving the economy because the families can have more money for spending. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 168 | |||
| no |
Total Seats: 332 | |||
| abstain |
Total Seats: 0 |
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