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Bill: Income tax proposal of January 2242
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: September 2242
Description[?]:
| Seeing as we inherited a massive defecit from the last government coalition, and we dont intend upon cutting public spending from its current meagre state, we have proposed the following tax increase. |
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 | 10% | 51,548,000,000 DDO |
| > 10,000 DDO | 20% | 148,677,000,000 DDO |
| > 30,000 DDO | 31% | 76,923,000,000 DDO |
| > 60,000 DDO | 38% | 12,933,000,000 DDO |
| > 80,000 DDO | 42% | 540,000,000 DDO | Total | 290,621,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
| Date | 16:58:24, June 16, 2006 CET | From | Socialist Party of Dorvik | To | Debating the Income tax proposal of January 2242 |
| Message | I will support this as it is true, but we must take this amount down after the deficit has been covered |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 101 | |||
| no | Total Seats: 82 | |||
| abstain | Total Seats: 16 |
| Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
| Random quote: "The only place where democracy comes before work is in the dictionary." - Ralph Nader |