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Bill: Income tax proposal of January 2595
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: September 2595
Description[?]:
| Small tax cut, not much. >850 LOD- Received 1% tax cut >3,000 LOD- Received 1% tax cut This is the best we can do right now. We are doing it slowly but we are doing it. |
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% | 718,000,000 LOD |
| > 850 LOD | 7% | 1,407,000,000 LOD |
| > 1,200 LOD | 11% | 5,054,000,000 LOD |
| > 2,000 LOD | 21% | 11,148,000,000 LOD |
| > 3,000 LOD | 24% | 10,014,000,000 LOD |
| > 4,000 LOD | 34% | 9,069,000,000 LOD |
| > 5,000 LOD | 36% | 8,688,000,000 LOD |
| > 6,500 LOD | 38% | 2,876,000,000 LOD |
| > 7,250 LOD | 39% | 8,161,000,000 LOD | Total | 57,135,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 13:02:36, June 21, 2008 CET | From | Lodamun Libertarian Party | To | Debating the Income tax proposal of January 2595 |
| Message | The poor pays almost nothing in tax, and get all the benefit, and they are the ones you want to cut the tax off? How about the people who pay the most and get the least back? Or you just dont care about the ones paying over 30% already I guess. This just continues your parties line off promoting social differences |
| Date | 15:56:29, June 21, 2008 CET | From | Republican Party of Lodamun | To | Debating the Income tax proposal of January 2595 |
| Message | To be honest, we acknowledge the argument of LLP here. As the poor barely pay taxes, we could cut their taxes down to 0% almost, without it being a problem for the budget. The ones who deserve a tax cut is both the middle class. And to be frank, I would like a tax cut for the rich. As they seem to be bleeding for everybody else at the moment. But, I'm glad that you gave a tax cut too >3,000 LOD bracket. Therefore we will support it, as it is a step in the right direction. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 90 | ||||
| no | Total Seats: 30 | ||||
| abstain | Total Seats: 30 |
| Random fact: Players must never be asked for their Particracy password. This includes Moderation; a genuine Moderator will never ask for your password. |
| Random quote: "I think one should not go fast, because if you make mistakes you don't realize what you've done." - Manuela Carmena |