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Bill: Income tax proposal of August 2625
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: April 2626
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 | 3% | 1,031,000,000 LOD |
| > 1,200 LOD | 9% | 3,094,000,000 LOD |
| > 1,800 LOD | 20% | 7,824,000,000 LOD |
| > 2,500 LOD | 35% | 4,547,000,000 LOD |
| > 2,750 LOD | 40% | 4,919,000,000 LOD |
| > 3,000 LOD | 55% | 12,565,000,000 LOD |
| > 3,500 LOD | 61% | 11,452,000,000 LOD |
| > 4,000 LOD | 62% | 9,516,000,000 LOD |
| > 4,500 LOD | 63% | 7,095,000,000 LOD |
| > 5,000 LOD | 64% | 6,262,000,000 LOD |
| > 5,500 LOD | 65% | 5,227,000,000 LOD |
| > 6,000 LOD | 66% | 4,125,000,000 LOD |
| > 6,500 LOD | 67% | 4,732,000,000 LOD |
| > 7,200 LOD | 68% | 1,952,000,000 LOD |
| > 7,500 LOD | 69% | 2,803,000,000 LOD |
| > 8,000 LOD | 70% | 10,098,000,000 LOD | Total | 97,242,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 01:13:59, August 23, 2008 CET | From | Holy Eliyahu Confession | To | Debating the Income tax proposal of August 2625 |
| Message | 70%?!?!?!?! |
| Date | 03:37:45, August 23, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of August 2625 |
| Message | They will still make plenty of money. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 61 | ||
| no | Total Seats: 43 | ||
| abstain | Total Seats: 23 |
| Random fact: Terra, the fictional world in which Particracy is set, consists of 8 continents: Artania, Dovani, Keris, Makon, Majatra, Seleya, Temania and Vascania. |
| Random quote: "Communism: liberation of the people from the burdens of liberty." - Rick Bayan |