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Bill: Addressing the Surpluses of Government
Details
Submitted by[?]: Democratic Workers' Party and CTUL List
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: March 2540
Description[?]:
The Democratic Workers' Party propose to adjust the government's income tax policy to better address the economic situation of the Axis Mundi Likatonian Res Publica. This bill extends the burden of tax upon the higher earning, while removing the lower tax bracket altogether. |
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 | 17% | 23,033,000,000 LIK |
> 35,000 LIK | 21% | 3,305,000,000 LIK | Total | 26,338,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||||
yes |
Total Seats: 341 | |||||
no |
Total Seats: 90 | |||||
abstain |
Total Seats: 146 |
Random fact: It is possible for a player to transfer ownership of a character or a royal house to another player. This should be done in a public way, such as on the Character Transfers thread, so that if a dispute arises in the future, Moderation can be pointed towards evidence of the transfer. |
Random quote: "The two greatest obstacles to democracy in the United States are, first, the widespread delusion among the poor that we have a democracy, and second, the chronic terror among the rich, lest we get it." - Edward Dowling |