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Bill: Income tax proposal of November 2241
Details
Submitted by[?]: Dorvish Popular Front
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 2242
Description[?]:
| From the desk of Keith Dewsbury... The old flat tax system is absolutely appalling and results in the poorest ending up the worst off. I have proposed a progressive taxation system as a means of wealth redistribution and to ensure taxation is fairer to all. The tax is still fairly low compared to what we believe it should be, this can be altered in years to come depending upon the governments reform program. |
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 |
| > 1,000 DDO | 6% | 30,938,000,000 DDO |
| > 10,000 DDO | 12% | 89,229,000,000 DDO |
| > 30,000 DDO | 18% | 44,713,000,000 DDO |
| > 60,000 DDO | 26% | 8,850,000,000 DDO |
| > 80,000 DDO | 32% | 410,000,000 DDO | Total | 174,140,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||||
| yes | Total Seats: 101 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 98 |
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