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Bill: Income tax proposal of July 3169
Details
Submitted by[?]: Nationalist Party of Likatonia
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: March 3170
Description[?]:
| The Nationalist Party of Likatonia propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Likatonia. |
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 |
| > 5,000 LIK | 1% | 2,581,000,000 LIK |
| > 10,000 LIK | 1% | 1,710,000,000 LIK |
| > 15,000 LIK | 2% | 1,863,000,000 LIK |
| > 20,000 LIK | 2% | 1,136,000,000 LIK |
| > 25,000 LIK | 3% | 1,216,000,000 LIK |
| > 30,000 LIK | 3% | 701,000,000 LIK |
| > 35,000 LIK | 4% | 509,000,000 LIK |
| > 40,000 LIK | 4% | 120,000,000 LIK |
| > 45,000 LIK | 5% | 0 LIK | Total | 9,836,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 147 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 154 |
| Random fact: Alduria, Rildanor and Lourenne all have Canrilaise (French) cultures. |
| Random quote: "The greatness of a nation can be judged by the way its animals are treated" - Mahatma Gandhi |