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Bill: Income tax proposal of December 2772
Details
Submitted by[?]: The Liberal 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 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 2773
Description[?]:
The The Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the United Republics of Lodamun. |
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 |
> 600 LOD | 16% | 3,215,000,000 LOD |
> 950 LOD | 17% | 2,440,000,000 LOD |
> 1,200 LOD | 20% | 6,314,000,000 LOD |
> 1,750 LOD | 22% | 3,157,000,000 LOD |
> 2,000 LOD | 24% | 6,652,000,000 LOD |
> 2,500 LOD | 26% | 6,589,000,000 LOD |
> 3,000 LOD | 28% | 6,410,000,000 LOD |
> 3,500 LOD | 31% | 5,831,000,000 LOD |
> 4,000 LOD | 35% | 9,329,000,000 LOD |
> 5,000 LOD | 39% | 3,822,000,000 LOD |
> 5,500 LOD | 43% | 8,359,000,000 LOD |
> 7,000 LOD | 46% | 10,744,000,000 LOD | Total | 72,862,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes |
Total Seats: 100 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 0 |
Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
Random quote: "Those who are responsible for the national security must be the sole judges of what the national security requires. It would be obviously undesirable that such matters should be made the subject of evidence in a court of law or otherwise discussed in public." - Unattributed member of the the House of Lords on the removal of trade union rights |