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Bill: Income tax proposal of February 3313
Details
Submitted by[?]: Vigs Partija ('Whigs')
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: October 3313
Description[?]:
| The Vācbaltiešu Vigs Partija ('Whigs') propose to adjust the government's income tax policy to better address the budget deficit. The tax increases will fall on higher income earners, with minimal increases to the tax take from poorer incomes. These reforms are progressive and necessary. |
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 DLD | 22% | 12,534,000,000 DLD |
| > 11,000 DLD | 25% | 14,243,000,000 DLD |
| > 12,000 DLD | 28% | 15,952,000,000 DLD |
| > 13,000 DLD | 32% | 36,461,000,000 DLD |
| > 15,000 DLD | 35% | 99,699,000,000 DLD |
| > 20,000 DLD | 45% | 256,368,000,000 DLD |
| > 30,000 DLD | 55% | 1,566,693,000,000 DLD |
| > 80,000 DLD | 60% | 683,648,000,000 DLD |
| > 100,000 DLD | 65% | 1,795,809,000,000 DLD |
| > 150,000 DLD | 70% | 6,137,071,000,000 DLD | Total | 10,618,478,000,000 DLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 133 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 118 |
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