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Bill: Income tax proposal of October 2776
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: June 2777
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% | 1,809,000,000 LOD |
| > 950 LOD | 10% | 1,436,000,000 LOD |
| > 1,200 LOD | 16% | 5,055,000,000 LOD |
| > 1,750 LOD | 19% | 2,728,000,000 LOD |
| > 2,000 LOD | 21% | 5,825,000,000 LOD |
| > 2,500 LOD | 22% | 5,579,000,000 LOD |
| > 3,000 LOD | 23% | 5,269,000,000 LOD |
| > 3,500 LOD | 24% | 4,517,000,000 LOD |
| > 4,000 LOD | 27% | 7,202,000,000 LOD |
| > 5,000 LOD | 28% | 2,746,000,000 LOD |
| > 5,500 LOD | 29% | 5,641,000,000 LOD |
| > 7,000 LOD | 30% | 7,012,000,000 LOD | Total | 54,819,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 00:04:23, June 25, 2009 CET | From | Radical Nationalist Party | To | Debating the Income tax proposal of October 2776 |
| Message | Why do you keep proposing these all the time you buffoon? |
| Date | 00:11:38, June 25, 2009 CET | From | The Liberal Party | To | Debating the Income tax proposal of October 2776 |
| Message | On a regular day, we would say: Because we can. However, today, we'll just say: Because we have a surplus and the people deserve a tax cut. |
| Date | 01:47:25, June 25, 2009 CET | From | United Republics Party | To | Debating the Income tax proposal of October 2776 |
| Message | near daily changes in tax rates only serves to confuse the people and complicate the work of accountants. If the LP wants to change the tax rate, I suggest he simply lowers it to an appropriate level once and stops this charade. |
| Date | 02:19:26, June 25, 2009 CET | From | The Liberal Party | To | Debating the Income tax proposal of October 2776 |
| Message | OOC: Can you ever speak in character? IC: We do not change the tax rate every day as the URP claims. Even if we did, they are tax cuts and we haven't heard the citizens complain about it. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 96 | |||
| no | Total Seats: 4 | |||
| abstain | Total Seats: 0 |
| Random fact: Terra, the fictional world in which Particracy is set, consists of 8 continents: Artania, Dovani, Keris, Makon, Majatra, Seleya, Temania and Vascania. |
| Random quote: "Those who say religion has nothing to do with politics do not know what religion is." - Mahatma Gandhi |