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Bill: Income tax proposal of March 2365
Details
Submitted by[?]: Machiavellian Party
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: November 2365
Description[?]:
| The Machiavellian Party propose to adjust the government's income tax policy to better address the economic situation of the Five Nations of Lodamun. |
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 LOD | 3% | 4,001,000,000 LOD |
| > 3,500 LOD | 6% | 3,799,000,000 LOD |
| > 6,000 LOD | 9% | 2,140,000,000 LOD |
| > 8,500 LOD | 12% | 1,316,000,000 LOD | Total | 11,256,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 408 | |||
| no |
Total Seats: 154 | |||
| abstain |
Total Seats: 188 |
| Random fact: Particracy does not allow real-life brand names (eg. Coca Cola, McDonalds, Microsoft). However, in the case of military equipment brand names it is permitted to use simple number-letter combinations (eg. T-90 and F-22) borrowed from real life, and also simple generic names, like those of animals (eg. Leopard and Jaguar). |
| Random quote: "The test of courage comes when we are in the minority. The test of tolerance comes when we are in the majority." - Ralph W. Sockman |