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Bill: Income tax proposal of May 3286
Details
Submitted by[?]: Nacionālistu Tautas Partija Likatonija
Status[?]: passed
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: January 3287
Description[?]:
| The Nationalist People's Party of Likatonia propose to adjust the government's income tax policy to better address the economic situation of the People's 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 |
| > 8,000 LIK | 1% | 1,707,000,000 LIK |
| > 12,000 LIK | 2% | 1,302,000,000 LIK |
| > 14,000 LIK | 3% | 2,689,000,000 LIK |
| > 18,000 LIK | 4% | 2,206,000,000 LIK |
| > 22,000 LIK | 5% | 2,075,000,000 LIK |
| > 26,000 LIK | 6% | 1,875,000,000 LIK |
| > 30,000 LIK | 7% | 1,364,000,000 LIK |
| > 34,000 LIK | 8% | 1,058,000,000 LIK |
| > 38,000 LIK | 9% | 516,000,000 LIK |
| > 42,000 LIK | 10% | 65,000,000 LIK | Total | 14,857,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 301 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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