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Bill: Income tax proposal of May 2593
Details
Submitted by[?]: The Liberal Party
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: February 2594
Description[?]:
Small tax cut but it is better than nothing. >2,000 LOD- Received a 2% tax cut. >3,000 LOD- Received a 1% tax cut. |
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 | 5% | 719,000,000 LOD |
> 850 LOD | 8% | 1,610,000,000 LOD |
> 1,200 LOD | 11% | 5,060,000,000 LOD |
> 2,000 LOD | 21% | 11,160,000,000 LOD |
> 3,000 LOD | 25% | 10,442,000,000 LOD |
> 4,000 LOD | 34% | 9,080,000,000 LOD |
> 5,000 LOD | 36% | 8,697,000,000 LOD |
> 6,500 LOD | 38% | 2,879,000,000 LOD |
> 7,250 LOD | 39% | 8,167,000,000 LOD | Total | 57,814,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
Date | 01:54:45, June 18, 2008 CET | From | Republican Party of Lodamun | To | Debating the Income tax proposal of May 2593 |
Message | Splendid, finally! A small tax cut for the average Joe. Of course we will support it! |
Date | 13:49:28, June 18, 2008 CET | From | Lodamun Libertarian Party | To | Debating the Income tax proposal of May 2593 |
Message | and a tax increase for those who have worked hard to get a top position. We cannot support this as this is yet again a socially unfair tax |
Date | 14:42:26, June 18, 2008 CET | From | Lodamun Libertarian Party | To | Debating the Income tax proposal of May 2593 |
Message | Here is the fair tax system in practical use http://80.237.164.51/particracy/main/budget.php?nationid=44. This is what we should work against |
Date | 20:03:47, June 18, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of May 2593 |
Message | Tell me where you are going to get the money for a flat tax. |
Date | 20:09:10, June 18, 2008 CET | From | Lodamun Libertarian Party | To | Debating the Income tax proposal of May 2593 |
Message | Fair tax not flat tax. They are two differnt tax systmems, but both are more fair than your agenda of punishing the hard working. But take a quick guess |
Date | 20:19:33, June 18, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of May 2593 |
Message | We only gave tax cuts not tax increases. Maybe, you should take a better look at it. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 106 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 44 |
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