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Bill: Income tax proposal of January 2910
Details
Submitted by[?]: Nationalist Party
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: September 2910
Description[?]:
| The Free Peoples 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 |
| > 1,200 LOD | 12% | 3,788,000,000 LOD |
| > 1,750 LOD | 17% | 2,439,000,000 LOD |
| > 2,000 LOD | 18% | 4,989,000,000 LOD |
| > 2,500 LOD | 20% | 5,068,000,000 LOD |
| > 3,000 LOD | 21% | 4,807,000,000 LOD |
| > 3,500 LOD | 23% | 4,326,000,000 LOD |
| > 4,000 LOD | 25% | 6,665,000,000 LOD |
| > 5,000 LOD | 26% | 2,548,000,000 LOD |
| > 5,500 LOD | 27% | 5,249,000,000 LOD |
| > 7,000 LOD | 29% | 6,772,000,000 LOD | Total | 46,651,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 19:56:20, March 18, 2010 CET | From | Nationalist Party | To | Debating the Income tax proposal of January 2910 |
| Message | Removes the two lowest tax brackets, those people should not have to pay so much, seeing as how they earn so little. |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 73 | |
| no | Total Seats: 77 | |
| abstain |
Total Seats: 50 |
| Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
| Random quote: "The Holy Roman Empire was neither Holy, nor Roman, nor an Empire" - Voltaire |