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Bill: Income tax proposal of February 2399
Details
Submitted by[?]: Likaton Coalition of the Willing
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: October 2399
Description[?]:
| The AM Eastern Likaton Independence Party propose to adjust the government's income tax policy to better address the economic situation of the Axis Mundi Likatonian Res Publica. |
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 |
| > 20,000 LIK | 2% | 1,950,000,000 LIK |
| > 30,000 LIK | 20% | 7,225,000,000 LIK |
| > 40,000 LIK | 25% | 748,000,000 LIK | Total | 9,923,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 390 | ||||
| no | Total Seats: 146 | ||||
| abstain | Total Seats: 130 |
| Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
| Random quote: "A countryman between two lawyers is like a fish between two cats." - Benjamin Franklin |