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Bill: Income tax proposal of January 4074
Details
Submitted by[?]: Left libetarian freedom party
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: September 4074
Description[?]:
| The Left libetarian freedom party propose to adjust the government's income tax policy to better address the economic situation of the Unholy Davostag Empire. |
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 |
| > 100 DAV | 1% | 222,000,000 DAV |
| > 500 DAV | 5% | 1,389,000,000 DAV |
| > 1,000 DAV | 10% | 22,224,000,000 DAV |
| > 5,000 DAV | 15% | 41,670,000,000 DAV |
| > 10,000 DAV | 20% | 444,483,000,000 DAV |
| > 50,000 DAV | 25% | 694,458,000,000 DAV |
| > 100,000 DAV | 30% | 2,363,612,000,000 DAV |
| > 500,000 DAV | 35% | 170,829,000,000 DAV |
| > 600,000 DAV | 40% | 82,250,000,000 DAV |
| > 700,000 DAV | 45% | 56,309,000,000 DAV |
| > 800,000 DAV | 50% | 28,198,000,000 DAV |
| > 900,000 DAV | 55% | 0 DAV | Total | 3,905,644,000,000 DAV |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 482 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 268 |
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