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Bill: Progress-Imperial income tax proposal of November 4098
Details
Submitted by[?]: Reichspartei
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: July 4099
Description[?]:
| The Reichspartei propose to adjust the government's income tax policy to better address the economic situation of the Dorvisch Republik (Dorvik). |
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 | 5% | 13,457,000,000 DDO |
| > 15,000 DDO | 8% | 17,121,000,000 DDO |
| > 20,000 DDO | 13% | 33,937,000,000 DDO |
| > 30,000 DDO | 20% | 25,479,000,000 DDO |
| > 40,000 DDO | 30% | 22,524,000,000 DDO |
| > 50,000 DDO | 40% | 18,503,000,000 DDO |
| > 60,000 DDO | 45% | 15,952,000,000 DDO | Total | 146,973,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
| Date | 13:23:08, October 02, 2016 CET | From | Fortschrittsvereinigung | To | Debating the Progress-Imperial income tax proposal of November 4098 |
| Message | Herr Speaker, This is merely the first big step this coalition is taking towards a fairer, more competent and greater Dorvik. This coalition is promising greater economic competence, and the biggest economic reforms since the end of the Koloman Plan. Some may be concerned the tax bracket has lowered from 15k earners to 10k earners, but this is to compensate for the unfair over taxation of high earners. Our highest tax has moved from a staggering 65% to a sensible 45%, this will stimulate our economy but most importantly, will be superiorly fairer! Christine Schulze, State Chancellor of the Dorvish Republic |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 422 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 78 |
| Random fact: "Doxxing", or the publishing of personally identifiable information about another player without permission, is forbidden. |
| Random quote: "I have no faith in political arithmetic." - Adam Smith |