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Bill: Income tax proposal of March 4180
Details
Submitted by[?]: Sozialistische Reichs Partei (SRP)
Status[?]: defeated
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: November 4180
Description[?]:
| The Sozialistische Reichs Partei (SRP) propose to adjust the government's income tax policy to better address the economic situation of the Bundesrepublik 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 |
| > 15,000 DDO | 5% | 10,709,000,000 DDO |
| > 20,000 DDO | 9% | 14,188,000,000 DDO |
| > 25,000 DDO | 14% | 14,513,000,000 DDO |
| > 30,000 DDO | 22% | 16,607,000,000 DDO |
| > 35,000 DDO | 27% | 25,449,000,000 DDO |
| > 45,000 DDO | 29% | 9,558,000,000 DDO |
| > 50,000 DDO | 32% | 25,756,000,000 DDO |
| > 80,000 DDO | 35% | 451,000,000 DDO | Total | 117,231,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
| Date | 11:41:43, March 14, 2017 CET | From | Sozialistische Reichs Partei (SRP) | To | Debating the Income tax proposal of March 4180 |
| Message | This bill creates a new bracket of 80.000 DDO and creates a 35% tax on those high income's It lowers the tax on income's of 25,000 DDO and up with 1% to a total of 14% This bill is to lower the weight on the shoulders of the lower income's while making the richer people pay a bit more. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 114 | |||
| no |
Total Seats: 271 | |||
| abstain |
Total Seats: 70 |
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