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Bill: FairTax proposal of January 2647
Details
Submitted by[?]: Berosian 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: March 2648
Description[?]:
| The Berosian Party propose to adjust the government's income tax policy to better address the economic situation of the Ascendant Union Of Greater Likatonia. Giving a more just tax system to our economy. Our nation is ready. And we will flourish. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 15
Current: 3
Proposed: 20
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 12
Proposed: 20
Article 3
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 |
| > 1,000,000,000,000,000,000,000,000 LIK | 1% | 0 LIK | Total | 0 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 21:47:27, October 04, 2008 CET | From |  Likaton Coalition of the Willing | To | Debating the FairTax proposal of January 2647 |
| Message | Whilst we support, we will look to transfer the burden from essential goods to Corporations following the election. |
| Date | 04:33:44, October 05, 2008 CET | From | Spenocratic Party | To | Debating the FairTax proposal of January 2647 |
| Message | We love this bill! |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 461 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 205 |
| Random fact: Culturally Open nations can adopt advisory/non-enforceable Nation Descriptions. See http://forum.particracy.net/viewtopic.php?f=5&t=6242 |
| Random quote: "When strangers start acting like neighbors, communities are reinvigorated." - Ralph Nader |