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Bill: Income tax overhaul of November 4240
Details
Submitted by[?]: Sozialdemokratische Arbeitsfront (SDA)
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 4241
Description[?]:
| Hereby we present a taxsystem overhaul to simplify the taxsystem and make sure the people of Dorvik get an incentive to pay there taxes because of a simpler system. We hope all party's can see the need for a simplified taxtree. |
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 | 6% | 12,867,000,000 DDO |
| > 20,000 DDO | 10% | 15,782,000,000 DDO |
| > 25,000 DDO | 15% | 15,562,000,000 DDO |
| > 30,000 DDO | 20% | 15,108,000,000 DDO |
| > 35,000 DDO | 30% | 38,193,000,000 DDO |
| > 50,000 DDO | 35% | 9,070,000,000 DDO |
| > 55,000 DDO | 40% | 14,564,000,000 DDO |
| > 65,000 DDO | 45% | 8,766,000,000 DDO | Total | 129,912,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 492 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 107 |
| Random fact: Discuss flag designs at the Flag Designs thread: http://forum.particracy.net/viewtopic.php?f=5&t=37 |
| Random quote: "I never dared to be radical when young. For fear it would make me conservative when old." - Robert Frost |