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Bill: Income tax proposal of October 4236
Details
Submitted by[?]: Liberalen Partei
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: March 4238
Description[?]:
| The Liberalen Partei 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 | 7% | 26,000,000,000 DDO |
| > 25,000 DDO | 16% | 28,624,000,000 DDO |
| > 35,000 DDO | 26% | 33,031,000,000 DDO |
| > 50,000 DDO | 33% | 15,238,000,000 DDO |
| > 60,000 DDO | 42% | 14,841,000,000 DDO | Total | 117,734,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
| Date | 09:49:16, July 07, 2017 CET | From | Sozialdemokratische Arbeitsfront (SDA) | To | Debating the Income tax proposal of October 4236 |
| Message | President, This would lead to a weird financial balance. We vote against. Konstantin Klee, Secretary General of the SDA |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 0 | |||||
| no |
Total Seats: 463 | |||||
| abstain | Total Seats: 42 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: "The payment of taxes gives a right to protection." - James M. Wayne |