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Bill: Income tax proposal of September 4308
Details
Submitted by[?]: Dorvische Sozial Nationale Volkspartei
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: May 4309
Description[?]:
| The Traditionelle Gerechtigkeitspartei (TGP) propose to adjust the government's income tax policy to better address the economic situation of the Bundesrepublik Dorvik (Federal Republic of Dorvik). As our government plans rol out we hereby propose a taxcut all be it small for the middle class of our nation while increasing taxes for the rich within Dorvik. We think the tax increase for the rich is fair as it has proven in several economic study's that increasing taxes for the rich and investing it in the middle class causes growth and a healthy economy. |
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 |
| > 5,000 DDO | 5% | 14,349,000,000 DDO |
| > 10,000 DDO | 10% | 48,374,000,000 DDO |
| > 20,000 DDO | 19% | 73,892,000,000 DDO |
| > 40,000 DDO | 39% | 16,459,000,000 DDO |
| > 45,000 DDO | 47% | 51,915,000,000 DDO |
| > 75,000 DDO | 55% | 2,332,000,000 DDO | Total | 207,321,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||||
| yes |
Total Seats: 512 | ||||||
| no | Total Seats: 37 | ||||||
| abstain | Total Seats: 50 |
| Random fact: Hundreds of vessels were lost while traversing the cold waters of the Sea of Lost Souls. It is located between Seleya and Majatra. |
| Random quote: "Liberalism is the transformation of mankind into cattle." - Friedrich Nietzsche |