We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of October 2402
Details
Submitted by[?]: New Labour Party
Status[?]: defeated
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: May 2404
Description[?]:
| The Labour Party propose to adjust the government's income tax policy to better address the economic situation of the Grand Duchy of Keymon. |
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 |
| > 250 KED | 5% | 429,000,000 KED |
| > 1,000 KED | 10% | 4,576,000,000 KED |
| > 5,000 KED | 20% | 9,268,000,000 KED |
| > 10,000 KED | 30% | 14,196,000,000 KED |
| > 25,000 KED | 40% | 3,306,000,000 KED |
| > 35,000 KED | 50% | 287,000,000 KED | Total | 32,062,000,000 KED |
Debate
These messages have been posted to debate on this bill:
| Date | 14:39:54, May 12, 2007 CET | From |  The Liberty Organization | To | Debating the Income tax proposal of October 2402 |
| Message | Such an oppressive tax rate imosed upon our highest earners will cause them to leave the island. A more sensible rate will keep them contributing to Keymon. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes |
Total Seats: 63 | |||
| no | Total Seats: 108 | |||
| abstain |
Total Seats: 39 |
| Random fact: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play". |
| Random quote: "The smallest minority on earth is the individual. Those who deny individual rights cannot claim to defend minorities." - Ayn Rand |