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Bill: Income tax proposal of April 2600
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: December 2600
Description[?]:
| Small tax cut again. >6,500 LOD- Received a 3% tax cut. >7,250 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% | 718,000,000 LOD |
| > 850 LOD | 7% | 1,407,000,000 LOD |
| > 1,200 LOD | 11% | 5,055,000,000 LOD |
| > 2,000 LOD | 21% | 11,150,000,000 LOD |
| > 3,000 LOD | 22% | 9,181,000,000 LOD |
| > 4,000 LOD | 33% | 8,802,000,000 LOD |
| > 5,000 LOD | 35% | 8,446,000,000 LOD |
| > 6,500 LOD | 34% | 2,574,000,000 LOD |
| > 7,250 LOD | 38% | 7,953,000,000 LOD | Total | 55,286,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 22:17:13, July 01, 2008 CET | From | Seldonist Cognitive Party | To | Debating the Income tax proposal of April 2600 |
| Message | The larger the government, the better the government. We vote no. |
| Date | 22:40:23, July 01, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of April 2600 |
| Message | Tax cuts do not have anything to do with a larger government. The more tax cuts we give, the more revenue we will receive in luxury taxes and even corporation taxes. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 91 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 39 |
| Random fact: Cultural Protocol bills must provide a real-life equivalent or short description for the ethnic groups, languages and religions contained in them, such that it would be easy for an unfamiliar player to understand (e.g. "Dundorfian = German"). Where appropriate, they should also provide guidance to players on where to find help with translations and character names. This might include, for example, links to Google Translate, Behind the Name's Random Name Generator and Fantasy Name Generators. |
| Random quote: "Congress is like diapers; it should be changed regularly as it gets full of the same thing." - Seen on a bumper sticker |