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Bill: Income tax proposal of December 2131
Details
Submitted by[?]: Tuesday Is Coming
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: August 2132
Description[?]:
The Faithful Remnants propose to adjust the government's income tax policy to better address the economic situation of the Five Nations 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 |
> 100 LOD | 13% | 11,940,000,000 LOD |
> 1,700 LOD | 20% | 38,249,000,000 LOD | Total | 50,189,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
Date | 07:08:14, October 27, 2005 CET | From | Tuesday Is Coming | To | Debating the Income tax proposal of December 2131 |
Message | This is identical to the other proposal: http://82.238.75.178:8085/particracy/main/viewbill.php?billid=26571 Except that the first 2000 LOD of income will be taxed 268 LOD instead of 300 LOD. 2000*15%=300 1600*13%=208 300*20%=60 This will reduce our current surplus to 22,154,501 LOD, and provide tax relief to every citizen of Lodamun. |
Date | 19:51:24, October 27, 2005 CET | From | International Society of Bankers | To | Debating the Income tax proposal of December 2131 |
Message | Eliminate all income taxes and draw income from sales tax. We will support this as a change for the better, however. |
Date | 22:04:55, October 27, 2005 CET | From | Tuesday Is Coming | To | Debating the Income tax proposal of December 2131 |
Message | We will support a bill from the new LM party to shift government revenues to sales taxes. |
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Voting
Vote | Seats | ||||
yes | Total Seats: 148 | ||||
no |
Total Seats: 135 | ||||
abstain | Total Seats: 17 |
Random fact: The people in your nation don't like inactive parties. When you often abstain from voting for a bill, they will dislike your party and your visibility to the electorate will decrease significantly. Low visibility will means you are likely to lose seats. So keep in mind: voting Yes or No is always better than Abstaining. |
Random quote: “Can anyone imagine a more perverse idea than forcing faithful Hosians like me to give away my money to enable irresponsible teenage girls to kill off their children because they were too drunk to use a damn condom?" - Dr. Francesca dos Santos, former Dranian politician |