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Bill: National Realignment Act Section II
Details
Submitted by[?]: Holy Eliyahu Confession
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: October 2629
Description[?]:
The Ligowy Chrzescijanski od Lodska 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% | 1,032,000,000 LOD |
> 1,200 LOD | 8% | 2,752,000,000 LOD |
> 1,800 LOD | 18% | 7,047,000,000 LOD |
> 2,500 LOD | 24% | 3,120,000,000 LOD |
> 2,750 LOD | 29% | 3,569,000,000 LOD |
> 3,000 LOD | 45% | 18,743,000,000 LOD |
> 4,000 LOD | 50% | 34,106,000,000 LOD |
> 8,500 LOD | 55% | 6,022,000,000 LOD | Total | 76,391,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
Date | 00:34:08, August 30, 2008 CET | From | Reformed Conservative Party of Lodamun | To | Debating the National Realignment Act Section II |
Message | I appreciate the lessoning of taxes across the board. Fantastic! |
Date | 00:46:29, August 30, 2008 CET | From | The Liberal Party | To | Debating the National Realignment Act Section II |
Message | It is clear that the Christian Democrats are incompent when it comes to finances. The budget proposal has not passed yet. You need to wait until it passes to propose something like this. |
Date | 00:56:53, August 30, 2008 CET | From | Holy Eliyahu Confession | To | Debating the National Realignment Act Section II |
Message | actually this cut comes with a extra 40 billion surplus planned for the upcoming year so that we can shoulder any short term pitfall, and both our spending and taxation plans are being voted on at the same time so it makes no difference. we managed to cut taxes and even without factoring in Luxury and corporate taxes, balance the budget. the extra 40 billion will be distributed next year in our next round of proposed tax cuts. |
Date | 03:15:09, August 30, 2008 CET | From | The Liberal Party | To | Debating the National Realignment Act Section II |
Message | OOC: Can you rewrite that? Honestly, I did ot understand a thing you just said. Tax cuts? Surplus? Use some periods, please. I am not criticizing you but simply stating that it is very difficult for me to undestand if you don't use proper punctuation. |
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Voting
Vote | Seats | |||||
yes | Total Seats: 55 | |||||
no |
Total Seats: 95 | |||||
abstain | Total Seats: 0 |
Random fact: Particracy does not allow real-life brand names (eg. Coca Cola, McDonalds, Microsoft). However, in the case of military equipment brand names it is permitted to use simple number-letter combinations (eg. T-90 and F-22) borrowed from real life, and also simple generic names, like those of animals (eg. Leopard and Jaguar). |
Random quote: "John Burroughs has stated that experimental study of animals in captivity is absolutely useless. Their character, their habits, their appetites undergo a complete transformation when torn from their soil in field and forest. With human nature caged in a narrow space, whipped daily into submission, how can we speak of its potentialities?" - Emma Goldman |