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Bill: Income tax proposal of May 2580

Details

Submitted by^[?]: The Liberal 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: March 2582

Description^[?]:

The The Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the United Republics of Lodamun.

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
> 600 LOD	6%	861,000,000 LOD
> 850 LOD	9%	1,807,000,000 LOD
> 1,200 LOD	13%	5,967,000,000 LOD
> 2,000 LOD	14%	7,425,000,000 LOD
> 3,000 LOD	17%	7,086,000,000 LOD
> 4,000 LOD	19%	5,062,000,000 LOD
> 5,000 LOD	22%	5,303,000,000 LOD
> 6,500 LOD	24%	1,815,000,000 LOD
> 7,250 LOD	26%	5,435,000,000 LOD
Total		40,761,000,000 LOD

Debate

These messages have been posted to debate on this bill:

Date	21:58:54, May 22, 2008 CET
From	The Liberal Party
To	Debating the Income tax proposal of May 2580
Message	Very reasonable tax cut.

Date	22:34:18, May 22, 2008 CET
From	Lodamun Libertarian Party
To	Debating the Income tax proposal of May 2580
Message	Its a socially uneven tax cut. A fair tax cut is alot more fair for the majority, this tax cut is just as unjust at the current income tax

Date	23:08:56, May 22, 2008 CET
From	Lodamun Libertarian Party
To	Debating the Income tax proposal of May 2580
Message	And offcourse the standard how big off a surplus question

Date	00:01:27, May 23, 2008 CET
From	The Liberal Party
To	Debating the Income tax proposal of May 2580
Message	If yo vote no and block this tax proposal, the taxes will remain high, it is better to have them low while we work out a solution. If you want to block it, go right ahead, the tax payers will blame you and those voting no for their incredibly high income tax.

Date	00:02:33, May 23, 2008 CET
From	The Liberal Party
To	Debating the Income tax proposal of May 2580
Message	The same as always: 2 billion LOD.

Date	08:59:28, May 23, 2008 CET
From	Lodamun Libertarian Party
To	Debating the Income tax proposal of May 2580
Message	I will propose another tax proposal with a more flat tax

Date	19:17:19, May 23, 2008 CET
From	The Liberal Party
To	Debating the Income tax proposal of May 2580
Message	I will ask you to please remove that tax cut, you are not the President, Finance Minister or even part of the cabinet.

Date	13:12:34, May 25, 2008 CET
From	Gil's Green party
To	Debating the Income tax proposal of May 2580
Message	Don't cut taxes for the rich, cut them for the poor and the middle guys.

Date	18:43:01, May 25, 2008 CET
From	Lodamun Libertarian Party
To	Debating the Income tax proposal of May 2580
Message	Everyone should pay the same % of what they make in tax, that way everyone pays the same in respect to what they earn

Date	23:25:19, May 25, 2008 CET
From	Pariah Idealism
To	Debating the Income tax proposal of May 2580
Message	The rich are exactly that rich. So a higher tax will affect them less than it would to someone who can barely sustain a regular income or is making bottom wage.

Date	00:12:10, May 26, 2008 CET
From	The Liberal Party
To	Debating the Income tax proposal of May 2580
Message	Exactly. LLP does not understand that concept.

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Voting

Vote

Seats

yes

The Liberal Party (28)

Total Seats: 28

Total Seats: 91

abstain

The Meso Party (31)

Total Seats: 31

Random fact: Moderation will not approve a Cultural Protocol request within the first 48 hours of it being requested. This is in order to give other players a chance to query the proposed changes, if they wish to do so. Moderation may be approached for advice on a proposed change, but any advice proffered should always be understood under the provisio that no final decision will be made until at least 48 hours after the request has been formally submitted for approval.

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