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Bill: Income tax proposal of January 2429
Details
Submitted by[?]: Likaton Coalition of the Willing
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: September 2429
Description[?]:
| The AM Party for Stability 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 |
| > 10,000 LIK | 5% | 13,192,000,000 LIK |
| > 20,000 LIK | 10% | 9,725,000,000 LIK |
| > 30,000 LIK | 20% | 7,212,000,000 LIK |
| > 40,000 LIK | 20% | 598,000,000 LIK | Total | 30,727,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 225 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 441 |
| Random fact: Moderation will not accept Cultural Protocol updates which introduce, on a significant scale, cultures which are likely to be insufficiently accessible to players. In particular, for all significant cultures in Particracy, it should be easy for players to access and use online resources to assist with language translation and the generation of character names. Moderation reserves the right to amend Cultural Protocols which are deemed to have introduced significant cultures that are not sufficiently accessible and which are not being actively role-played with. |
| Random quote: "Democracy is the theory that the common people know what they want and deserve to get it good and hard." - H. L. Mencken |