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Bill: Income tax proposal of September 2775
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: May 2776
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 | 9% | 1,803,000,000 LOD |
| > 950 LOD | 10% | 1,431,000,000 LOD |
| > 1,200 LOD | 16% | 5,037,000,000 LOD |
| > 1,750 LOD | 19% | 2,719,000,000 LOD |
| > 2,000 LOD | 22% | 6,081,000,000 LOD |
| > 2,500 LOD | 23% | 5,811,000,000 LOD |
| > 3,000 LOD | 24% | 5,478,000,000 LOD |
| > 3,500 LOD | 26% | 4,877,000,000 LOD |
| > 4,000 LOD | 27% | 7,180,000,000 LOD |
| > 5,000 LOD | 28% | 2,738,000,000 LOD |
| > 5,500 LOD | 29% | 5,623,000,000 LOD |
| > 7,000 LOD | 30% | 6,988,000,000 LOD | Total | 55,766,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 89 | ||||
| no | Total Seats: 7 | ||||
| abstain |
Total Seats: 4 |
| Random fact: The grey space in the east is populated by the forum-based countries, known in-game as the former colonies or the "Third World". These countries are managed by the Third World Coordinator but players can request control of individual countries in the Third World Control Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=8302 |
| Random quote: "Politics is perhaps the only profession for which no preparation is thought necessary." - Robert Louis Stevenson |