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Bill: Income tax proposal of May 2442
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 not pass any sooner than the deadline.
Voting deadline: January 2443
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. We are looking to establish a 'top' bracket that will restrict fat-cat earners, whilst lowering the bottom bracket to 5% |
Proposals
Article 1
Proposal[?] to change The appointment of mayors.
Old value:: Mayors are elected by their municipal councils.
Current: Citizens elect their mayor directly in a local election.
Proposed: The Head of State oversees the appointment of all mayors.
Article 2
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 |
| > 1 LIK | 5% | 27,273,000,000 LIK |
| > 10,000 LIK | 15% | 39,628,000,000 LIK |
| > 20,000 LIK | 20% | 19,488,000,000 LIK |
| > 30,000 LIK | 5% | 1,805,000,000 LIK |
| > 40,000 LIK | 2% | 56,000,000 LIK |
| > 42,500 LIK | 99% | 173,000,000 LIK | Total | 88,423,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 18:45:23, August 15, 2007 CET | From | Party of Socialist Democrats | To | Debating the Income tax proposal of May 2442 |
| Message | Why do you put the appointment of mayors and income tax into the same proposal? Unfortunately the PSD can't vote in favour of it this way. |
| Date | 00:48:12, August 16, 2007 CET | From | Ars Moriendi Party | To | Debating the Income tax proposal of May 2442 |
| Message | Seconding the concerns of the PSD. |
| Date | 07:46:52, August 16, 2007 CET | From | Riot of Lone Romantics | To | Debating the Income tax proposal of May 2442 |
| Message | That's a pretty crazy budget.. very illogical and superfluous |
| Date | 09:01:58, August 16, 2007 CET | From | Permissive Social Union | To | Debating the Income tax proposal of May 2442 |
| Message | We are swayed by the argument of the Riot of Lone Romantics and will now vote for this proposal. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 285 | |||
| no | Total Seats: 199 | |||
| abstain |
Total Seats: 182 |
| Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
| Random quote: "Isn't it about time that the US government stop supporting dictatorships and avaricious oligarchies with our tax monies, munitions, and diplomacy?" - Ralph Nader |