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Bill: Income tax proposal of July 2394
Details
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 2395
Description[?]:
| The Conservative Party propose to adjust the government's income tax policy to better address the economic situation of the United Kingdoms of Lodamun. A temporary 11Billion tax increase, by increasing each tax band by 10% (ie 10% to 11%, 60% to 66%) |
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 |
| > 500 LOD | 11% | 3,157,000,000 LOD |
| > 1,000 LOD | 22% | 12,628,000,000 LOD |
| > 2,000 LOD | 33% | 31,269,000,000 LOD |
| > 4,000 LOD | 44% | 19,587,000,000 LOD |
| > 6,000 LOD | 49% | 9,939,000,000 LOD |
| > 8,000 LOD | 55% | 5,925,000,000 LOD |
| > 10,000 LOD | 66% | 2,429,000,000 LOD | Total | 84,934,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 193 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 132 |
| Random fact: You can inactivate yourself on your User Page. You will then lose all your seats but your party account won't be deleted, and your party's Visibility ratings will not diminish. Reactivation can be requested in the "Reactivation Requests" thread in the Game Moderation section of the Particracy Forum. |
| Random quote: "What we are doing to the forests of the world is but a mirror reflection of what we are doing to ourselves and to one another." - Gandhi |