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Bill: Income tax proposal of August 2636
Details
Submitted by[?]: Reformed Conservative Party of Lodamun
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: August 2638
Description[?]:
| The Reformed Conservative Party of Lodamun propose to adjust the government's income tax policy to better address the economic situation of the United Republics of Lodamun. We have proposed across the board tax cuts that will put more money in our citizen's pockets, while also proposing a budget bill to lower government spending. |
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 | 7% | 3,000,000,000 LOD |
| > 2,250 LOD | 18% | 6,999,000,000 LOD |
| > 3,000 LOD | 34% | 14,176,000,000 LOD |
| > 4,000 LOD | 38% | 10,127,000,000 LOD |
| > 5,000 LOD | 41% | 18,335,000,000 LOD |
| > 9,000 LOD | 50% | 3,931,000,000 LOD | Total | 56,855,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 56 | |||
| no |
Total Seats: 55 | |||
| abstain |
Total Seats: 39 |
| Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
| Random quote: "Up against the corporate government, voters find themselves asked to choose between look-alike candidates from two parties vying to see who takes the marching orders from their campaign paymasters and their future employers. The money of vested interest nullifies genuine voter choice and trust." - Ralph Nader |