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Bill: Income tax proposal of March 3044
Details
Submitted by[?]: Labour 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: December 3044
Description[?]:
| The Labour 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 |
| > 10,000 LOD | 10% | 367,000,000 LOD |
| > 35,000 LOD | 22% | 0 LOD | Total | 367,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 09:14:33, December 13, 2010 CET | From | People's Commonwealth Party | To | Debating the Income tax proposal of March 3044 |
| Message | The People's Commonwealth Party believes this should be revised in the future to incorporate other tax brackets that actually impact tax revenue. Imposing tax on the wealthy and not burdening the poor solely with the needs of the people is seen as mandatory for a functioning society in the eyes of P.C.P. doctrine. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 173 | |||
| no |
Total Seats: 376 | |||
| abstain |
Total Seats: 71 |
| Random fact: It is not allowed to call more than 5 elections in 5 game years in a nation. The default sanction for a player persisting in the early election tactic will be a seat reset. |
| Random quote: "Politicians are the same all over. They promise to build a bridge even where there is no river." Nikita Khrushchev (1894 - 1971) |