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Bill: Tax Cut of 2630
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: February 2631
Description[?]:
| The Christian League of Lodamun propose to adjust the government's income tax policy to better address the economic situation of the United Republics of Lodamun. ***This tax cut is entirely dependent on passage of the National Privatization Act and Budget*** |
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 |
| > 1,000 LOD | 1% | 287,000,000 LOD |
| > 1,500 LOD | 8% | 4,511,000,000 LOD |
| > 2,500 LOD | 17% | 4,304,000,000 LOD |
| > 3,000 LOD | 27% | 11,254,000,000 LOD |
| > 4,000 LOD | 40% | 14,583,000,000 LOD |
| > 5,500 LOD | 42% | 6,013,000,000 LOD |
| > 6,500 LOD | 45% | 4,476,000,000 LOD |
| > 7,500 LOD | 47% | 3,550,000,000 LOD |
| > 8,500 LOD | 49% | 3,568,000,000 LOD |
| > 10,000 LOD | 50% | 1,842,000,000 LOD | Total | 54,388,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 21:28:19, September 01, 2008 CET | From | The Liberal Party | To | Debating the Tax Cut of 2630 |
| Message | Then why put up for a vote before that bill passes? |
| Date | 23:03:45, September 01, 2008 CET | From | Holy Eliyahu Confession | To | Debating the Tax Cut of 2630 |
| Message | We clearly have the votes to pass our budget so we are pushing forward with the next logical step. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 61 | ||||
| no |
Total Seats: 72 | ||||
| abstain | Total Seats: 17 |
| Random fact: It is the collective responsibility of the players in a nation to ensure all currently binding RP laws are clearly outlined in an OOC reference bill in the "Bills under debate" section of the nation page. Confusion should not be created by displaying only some of the current RP laws or displaying RP laws which are no longer current. |
| Random quote: "Politics, when it is an art and a service, not an exploitation, is about acting for an ideal through realities." - Charles De Gaulle |