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Bill: Income tax proposal of May 2404
Details
Submitted by[?]: Radical Nationalist 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: January 2405
Description[?]:
| The Nationalist Party propose to adjust the government's income tax policy to better address the economic situation of the United Kingdoms 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 |
| > 400 LOD | 9% | 2,585,000,000 LOD |
| > 900 LOD | 23% | 11,890,000,000 LOD |
| > 1,800 LOD | 31% | 20,021,000,000 LOD |
| > 3,000 LOD | 40% | 27,362,000,000 LOD |
| > 5,000 LOD | 45% | 15,341,000,000 LOD |
| > 7,500 LOD | 51% | 5,442,000,000 LOD |
| > 9,000 LOD | 60% | 4,722,000,000 LOD | Total | 87,363,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes | Total Seats: 325 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 0 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "Communism is like prohibition, it's a good idea but it won't work." - Will Rogers |