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Bill: Income tax proposal of November 2941
Details
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: January 2944
Description[?]:
| The Tea Party propose to adjust the government's income tax policy to better address the economic situation of the Ascendant Union Of Greater Likatonia. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 5
Proposed: 7
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 18
Proposed: 15
Article 3
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 |
| > 2,500 LIK | 10% | 14,381,000,000 LIK |
| > 5,000 LIK | 15% | 38,772,000,000 LIK |
| > 10,000 LIK | 25% | 66,108,000,000 LIK |
| > 20,000 LIK | 30% | 40,973,000,000 LIK | Total | 160,234,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 1 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 98 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "To punish the oppressors of humanity is clemency; to forgive them is barbarity." - Maximilien Robespierre |