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Bill: Income tax proposal of December 3066
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: August 3067
Description[?]:
| We propose a simplified income tax regime which will raise extra funds for vital social spending in health and education. |
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 | 25% | 65,165,000,000 DDO |
| > 30,000 DDO | 50% | 101,014,000,000 DDO |
| > 50,000 DDO | 60% | 48,858,000,000 DDO | Total | 215,037,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 196 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 54 |
| Random fact: Particracy does not allow real-life brand names (eg. Coca Cola, McDonalds, Microsoft). However, in the case of military equipment brand names it is permitted to use simple number-letter combinations (eg. T-90 and F-22) borrowed from real life, and also simple generic names, like those of animals (eg. Leopard and Jaguar). |
| Random quote: "Liberty is not a means to a higher political end. It is itself the highest political end." - John Dalberg-Acton |