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Bill: Tax Reform
Details
Submitted by[?]: Lodamese Worker's Royalist Party
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: April 2691
Description[?]:
The Lodamese Worker's Royalist Party propose to adjust the government's income tax policy to better address the economic situation of the Independent Lodamese Republics of Likatonia. |
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 | 10% | 11,045,000,000 LOD |
> 3,000 LOD | 20% | 13,673,000,000 LOD |
> 5,000 LOD | 30% | 15,782,000,000 LOD | Total | 40,500,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
Date | 08:40:55, January 03, 2009 CET | From | Lodamese Worker's Royalist Party | To | Debating the Tax Reform |
Message | A major simplification of the tax system that wipes 20 billion LOD tax payable |
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Voting
Vote | Seats | ||
yes | Total Seats: 0 | ||
no | Total Seats: 0 | ||
abstain |
Total Seats: 100 |
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