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Bill: Income tax proposal of April 3346
Details
Submitted by[?]: Likaton Unity Party
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: December 3346
Description[?]:
| The Likaton Vienība Partija 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 | 8% | 13,650,000,000 LIK |
| > 12,000 LIK | 10% | 6,510,000,000 LIK |
| > 14,000 LIK | 13% | 11,653,000,000 LIK |
| > 18,000 LIK | 16% | 8,825,000,000 LIK |
| > 22,000 LIK | 19% | 7,881,000,000 LIK |
| > 26,000 LIK | 21% | 6,560,000,000 LIK |
| > 30,000 LIK | 25% | 4,870,000,000 LIK |
| > 34,000 LIK | 27% | 3,571,000,000 LIK |
| > 38,000 LIK | 30% | 1,722,000,000 LIK |
| > 42,000 LIK | 32% | 210,000,000 LIK | Total | 65,452,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 19:51:10, August 07, 2012 CET | From | Likaton Unity Party | To | Debating the Income tax proposal of April 3346 |
| Message | Mr. Speaker Due to the necessity of bringing stability to our finances, we must rush this bill through the Dorum. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 220 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 81 |
| Random fact: After 3 days (72 hours) your account will be inactivated by Moderation. If you want to be reactivated you can request reactivation located here: http://forum.particracy.net/viewtopic.php?f=11&t=4360 |
| Random quote: "An "acceptable" level of unemployment means that the government economist to whom it is acceptable still has a job." - Author Unknown |