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Bill: Income Tax Reform of December 4155
Details
Submitted by[?]: Konservative Union
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: August 4156
Description[?]:
| Drafted by Ministry of Finance. |
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 |
| > 15,000 DDO | 5% | 10,711,000,000 DDO |
| > 20,000 DDO | 11% | 17,345,000,000 DDO |
| > 25,000 DDO | 16% | 16,586,000,000 DDO |
| > 30,000 DDO | 23% | 17,361,000,000 DDO |
| > 35,000 DDO | 25% | 23,569,000,000 DDO |
| > 45,000 DDO | 27% | 8,895,000,000 DDO |
| > 50,000 DDO | 30% | 24,501,000,000 DDO | Total | 118,968,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 224 | |||
| no |
Total Seats: 124 | |||
| abstain |
Total Seats: 52 |
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