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Bill: Income tax proposal for 2350-2352
Details
Submitted by[?]: Democratic Party of Dorvik
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: March 2351
Description[?]:
| We need further tax cuts to encourage people to work and especially study & succeed in their lives and establish enterprises. Tax cuts will also increase people's freedom from the state, give more options in their lives and increase consumption which keeps our economy in good shape. * William Harper, Minister of Finance |
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 |
| > 10,000 DDO | 4% | 19,344,000,000 DDO |
| > 20,000 DDO | 11% | 28,737,000,000 DDO |
| > 30,000 DDO | 21% | 26,774,000,000 DDO |
| > 40,000 DDO | 31% | 23,282,000,000 DDO |
| > 50,000 DDO | 41% | 33,455,000,000 DDO | Total | 131,592,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
| Date | 18:24:11, January 26, 2007 CET | From | Socialist Party of Dorvik | To | Debating the Income tax proposal for 2350-2352 |
| Message | We're punishing the lower class by doing so. Cut taxes for the lower class and we're all for it |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 155 | ||||
| no | Total Seats: 48 | ||||
| abstain |
Total Seats: 96 |
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