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Bill: Income tax proposal of November 2773
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: July 2774
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. These tax cuts account for the 18 billion LOD budget reduction of the Health and Social Services Ministry. |
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 | 12% | 2,409,000,000 LOD |
| > 950 LOD | 15% | 2,151,000,000 LOD |
| > 1,200 LOD | 20% | 6,309,000,000 LOD |
| > 1,750 LOD | 22% | 3,154,000,000 LOD |
| > 2,000 LOD | 24% | 6,646,000,000 LOD |
| > 2,500 LOD | 25% | 6,329,000,000 LOD |
| > 3,000 LOD | 27% | 6,175,000,000 LOD |
| > 3,500 LOD | 30% | 5,638,000,000 LOD |
| > 4,000 LOD | 35% | 9,321,000,000 LOD |
| > 5,000 LOD | 36% | 3,525,000,000 LOD |
| > 5,500 LOD | 38% | 7,380,000,000 LOD |
| > 7,000 LOD | 39% | 9,100,000,000 LOD | Total | 68,137,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 06:48:39, June 19, 2009 CET | From | United Republics Party | To | Debating the Income tax proposal of November 2773 |
| Message | Why don't we cut the military budget that the LP has bloated to unnecessarily high levels? |
| Date | 06:58:47, June 19, 2009 CET | From | The Liberal Party | To | Debating the Income tax proposal of November 2773 |
| Message | Why doesn't the URP vote for this income tax proposal? |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 89 | ||
| no | Total Seats: 4 | ||
| abstain | Total Seats: 7 |
| Random fact: Moderation will not accept Cultural Protocol updates which introduce, on a significant scale, cultures which are likely to be insufficiently accessible to players. In particular, for all significant cultures in Particracy, it should be easy for players to access and use online resources to assist with language translation and the generation of character names. Moderation reserves the right to amend Cultural Protocols which are deemed to have introduced significant cultures that are not sufficiently accessible and which are not being actively role-played with. |
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