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Bill: Income tax proposal of September 3288
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: May 3289
Description[?]:
The Nacionālistu Tautas Partija Likatonijas propose to adjust the government's income tax policy to better address the economic situation of the Likatonijas Republika. |
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 | 5% | 8,524,000,000 LIK |
> 12,000 LIK | 7% | 4,552,000,000 LIK |
> 14,000 LIK | 10% | 8,957,000,000 LIK |
> 18,000 LIK | 13% | 7,167,000,000 LIK |
> 22,000 LIK | 16% | 6,637,000,000 LIK |
> 26,000 LIK | 19% | 5,938,000,000 LIK |
> 30,000 LIK | 21% | 4,093,000,000 LIK |
> 34,000 LIK | 24% | 3,176,000,000 LIK |
> 38,000 LIK | 27% | 1,548,000,000 LIK |
> 42,000 LIK | 30% | 196,000,000 LIK | Total | 50,788,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 301 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 0 |
Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
Random quote: "A racially integrated community is a chronological term timed from the entrance of the first black family to the exit of the last white family." - Saul Alinsky |