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Bill: Income tax proposal of February 4070
Details
Submitted by[?]: Dorvisch Kommunistische Partei
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 4070
Description[?]:
| As we currently face a deficite of 27,127,074,217 DDO, we suggest this tax reform to compensate it a little. |
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 | 7% | 33,866,000,000 DDO |
| > 20,000 DDO | 15% | 39,208,000,000 DDO |
| > 30,000 DDO | 20% | 25,511,000,000 DDO |
| > 40,000 DDO | 25% | 18,788,000,000 DDO |
| > 50,000 DDO | 35% | 16,198,000,000 DDO |
| > 60,000 DDO | 40% | 10,425,000,000 DDO |
| > 70,000 DDO | 50% | 4,057,000,000 DDO |
| > 80,000 DDO | 60% | 773,000,000 DDO | Total | 148,826,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 282 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 218 |
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