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Bill: Income tax proposal of June 4060
Details
Submitted by[?]: Fortschrittsvereinigung
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: July 4061
Description[?]:
| In order to better address the economic situation in Dorvik, we have proposes these taxation changed for now to see how they will work out. We hope the results are positive. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 39
Current: 10
Proposed: 40
Article 2
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 | 7% | 33,859,000,000 DDO |
| > 20,000 DDO | 13% | 33,973,000,000 DDO |
| > 30,000 DDO | 19% | 24,231,000,000 DDO |
| > 40,000 DDO | 25% | 18,789,000,000 DDO |
| > 50,000 DDO | 30% | 13,888,000,000 DDO |
| > 60,000 DDO | 35% | 9,120,000,000 DDO |
| > 70,000 DDO | 40% | 3,242,000,000 DDO |
| > 80,000 DDO | 45% | 579,000,000 DDO | Total | 137,681,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 416 | ||
| no | Total Seats: 48 | ||
| abstain | Total Seats: 36 |
| Random fact: Players who deliberately attempt to present a misleading picture of the nation's current RP laws will be subject to sanction. |
| Random quote: "Power corrupts, and absolute power corrupts absolutely." - John Dalberg-Acton |