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Bill: Income tax proposal of January 2642
Details
Submitted by[?]: Spenocratic Party
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: September 2642
Description[?]:
| The Spenocratic Party propose to adjust the government's income tax policy to better address the economic situation of the Ascendant Union Of Greater Likatonia. Let's return our LARGE surplus to the people. This surplus was made possible by the Berosians, our partners in business. "I'm Spencer Turner and I approve this message" |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 5
Current: 15
Proposed: 0
Article 2
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 LIK | 5% | 47,365,000,000 LIK | Total | 47,365,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 22:41:34, September 24, 2008 CET | From | Berosian Party | To | Debating the Income tax proposal of January 2642 |
| Message | "I'm Chip Parker and I approve this bill" |
| Date | 23:50:28, September 25, 2008 CET | From | Commonwealth Workers Army | To | Debating the Income tax proposal of January 2642 |
| Message | We'll be on record as opposing yet another step towards a corpocracy. |
| Date | 00:04:38, September 26, 2008 CET | From | Berosian Party | To | Debating the Income tax proposal of January 2642 |
| Message | We'll be on record as supporting another step towards economic freedom. Why, oh why, does the ToI feel as though they must have all of their citizens' money? |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 375 | ||||
| no | Total Seats: 243 | ||||
| abstain | Total Seats: 48 |
| Random fact: Unless otherwise stated, monarchs and their royal houses will be presumed to be owned by the player who introduced the bill appointing them to their position. |
| Random quote: "Democracy is a pathetic belief in the collective wisdom of individual ignorance." - H. L. Mencken |