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Bill: Income tax proposal of January 2527
Details
Submitted by[?]: AM Radical Libertarian 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: September 2527
Description[?]:
| The AM Radical Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Axis Mundi Likatonian Res Publica. We are running a surplus which needs to be returned to the rightful owners, the people. We therefore propose eliminating tasaition of the poorest, those making less than 19,000 LIK; and reducing the tax burden on all other citizens. |
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 |
| > 19,000 LIK | 12% | 16,259,000,000 LIK |
| > 35,000 LIK | 16% | 2,517,000,000 LIK | Total | 18,776,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 21:51:11, February 04, 2008 CET | From |  Likaton Coalition of the Willing | To | Debating the Income tax proposal of January 2527 |
| Message | We can support this. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 287 | ||||
| no |
Total Seats: 212 | ||||
| abstain |
Total Seats: 167 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: We are in politics not because we hate our fellow man, but because we love him. ~ Anton Weinreich, General Secretary of the Dorvish Communist Part |