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Bill: Income tax proposal of September 4322
Details
Submitted by[?]: Volkspartei für Freiheit und Demokratie
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 4323
Description[?]:
| The Konservative und Reformistische Allianz propose to adjust the government's income tax policy to better address the economic situation of the Republik Dorvik (Republic of Dorvik). We are proposing a change to the current taxation system. We are proposing that higher income earners may a little bit extra, to help fund education and invest in other vital public services. The 75000 bracket will be reduced to 72500 and a new tax bracket for earners will be brought in at 55000 at a percentage rate of 52%. After consultation with economists and business leaders, we put forward these proposals to the house on the platform they are sustainable, fair and progressive; all values this government is working towards. Tax rates and brackets will remain the same for lower and middle income earners. Katarina Riemann MSC Finance Secretary, Leader of the Conservative and Reformist Alliance |
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% | 14,347,000,000 DDO |
| > 10,000 DDO | 10% | 48,365,000,000 DDO |
| > 20,000 DDO | 19% | 73,890,000,000 DDO |
| > 40,000 DDO | 42% | 17,727,000,000 DDO |
| > 45,000 DDO | 48% | 28,237,000,000 DDO |
| > 55,000 DDO | 52% | 25,628,000,000 DDO |
| > 72,500 DDO | 55% | 3,576,000,000 DDO |
| > 85,000 DDO | 60% | 0 DDO | Total | 211,770,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
| Date | 13:47:26, December 24, 2017 CET | From | Dorvische Sozialistische Union 🌹 | To | Debating the Income tax proposal of September 4322 |
| Message | Excellent proposal. |
| Date | 13:59:39, December 24, 2017 CET | From | National Socialist Union | To | Debating the Income tax proposal of September 4322 |
| Message | They are to high. |
| Date | 17:46:12, December 24, 2017 CET | From | Grüne Demokratische Partei | To | Debating the Income tax proposal of September 4322 |
| Message | Another excellent financial proposal that is showing how strongly this government is operating. Elisa Stromberg Co-Leader of One Dorvik Minister of Internal Afffairs |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 282 | ||||
| no | Total Seats: 135 | ||||
| abstain | Total Seats: 128 |
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| Random quote: "Oh, judge, your damn laws: the good people don't need them and the bad people don't follow them so what good are they?" - Ammon Hennacy |