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Bill: Unofficial Income tax proposal of December 2469
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: August 2470
Description[?]:
| The Immeressen's Sword and Armour propose to adjust the government's income tax policy to better address the economic situation of the Axis Mundi Likatonian Res Publica. We propose that only the 2500 highest earing Likatonians be taxed, and then at only a token value. |
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 |
| > 42,746 LIK | 1% | 0 LIK | Total | 0 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 02:25:19, October 14, 2007 CET | From | Kapitalist-Arbeitsfamilien Partei | To | Debating the Unofficial Income tax proposal of December 2469 |
| Message | The wealthy are still not paying their fair share. We say they should pay a flat 20% income tax while we cut corporate taxes to encourage investment. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 287 | |||
| no | Total Seats: 200 | |||
| abstain | Total Seats: 179 |
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