We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of February 3382
Details
Submitted by[?]: Popular Alliance of Likatonia (PAoL)
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: October 3382
Description[?]:
| The Popular Alliance of Likatonia (PAoL) 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 |
| > 2,500 LIK | 5% | 7,181,000,000 LIK |
| > 5,000 LIK | 8% | 20,652,000,000 LIK |
| > 10,000 LIK | 11% | 18,804,000,000 LIK |
| > 15,000 LIK | 15% | 15,871,000,000 LIK |
| > 21,000 LIK | 18% | 9,623,000,000 LIK |
| > 26,000 LIK | 21% | 8,830,000,000 LIK |
| > 32,000 LIK | 26% | 5,653,000,000 LIK |
| > 38,000 LIK | 30% | 1,016,000,000 LIK |
| > 40,000 LIK | 35% | 1,042,000,000 LIK | Total | 88,672,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 235 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: "Racism isn't born, folks; it's taught. I have a two-year-old son. You know what he hates? Naps! End of list." - Dennis Leary |