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Bill: Income tax proposal of November 2361
Details
Submitted by[?]: AM Populist Social Democrats
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 2362
Description[?]:
| With a 6 billion LIK surplus, it makes sense that with tax cut fever in the air we aim to cut, say, 6 billion LIK in income taxes. While we would prefer to propose the cuts much more to the middle class, we have cut all brackets to see if this may pass. |
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 LIK | 2% | 5,279,000,000 LIK |
| > 20,000 LIK | 14% | 13,621,000,000 LIK |
| > 30,000 LIK | 23% | 8,298,000,000 LIK |
| > 40,000 LIK | 45% | 1,347,000,000 LIK | Total | 28,545,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 09:25:48, February 18, 2007 CET | From | AM Feminazi Movement | To | Debating the Income tax proposal of November 2361 |
| Message | While we would consider supporting this change, we do wish that the PLPL had not proposed this with a "Lame Duck" cabinet in place. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 101 | |||
| no | Total Seats: 20 | |||
| abstain |
Total Seats: 78 |
| Random fact: Submitting a bill without any proposals in it will not attract or detract voters. It will not raise your visibility or change your political position. |
| Random quote: "Democracy is a pathetic belief in the collective wisdom of individual ignorance." - H. L. Mencken |