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Bill: Income tax proposal of October 3353
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: June 3354
Description[?]:
| The Vācbaltiešu Vigs Partija ('Whigs') propose to abolish the 25% upper rate of tax |
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 |
| > 12,000 DLD | 8% | 13,661,000,000 DLD |
| > 15,000 DLD | 10% | 28,460,000,000 DLD |
| > 20,000 DLD | 12% | 204,911,000,000 DLD |
| > 50,000 DLD | 15% | 426,899,000,000 DLD |
| > 100,000 DLD | 18% | 496,853,000,000 DLD |
| > 150,000 DLD | 20% | 1,752,122,000,000 DLD | Total | 2,922,906,000,000 DLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 127 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 124 |
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| Random quote: "The payment of taxes gives a right to protection." - James M. Wayne |