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Bill: Income tax proposal of January 2618
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: September 2618
Description[?]:
| Same Proposal as before. |
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 | 3% | 1,033,000,000 LOD |
| > 1,200 LOD | 9% | 8,902,000,000 LOD |
| > 3,000 LOD | 19% | 12,984,000,000 LOD |
| > 5,000 LOD | 27% | 6,512,000,000 LOD |
| > 6,500 LOD | 28% | 2,785,000,000 LOD |
| > 7,500 LOD | 30% | 5,556,000,000 LOD | Total | 37,772,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 62 | |||
| no | Total Seats: 54 | |||
| abstain |
Total Seats: 21 |
| Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
| Random quote: "Poverty is like punishment for a crime you didn't commit." - Eli Khamarov |