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Bill: Income tax proposal of August 2155
Details
Submitted by[?]: AM Radical Libertarian 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: September 2156
Description[?]:
The Radical Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the 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 |
> 4,519 LIK | 35% | 85,608,000,000 LIK |
> 9,038 LIK | 35% | 96,780,000,000 LIK |
> 18,075 LIK | 35% | 57,959,000,000 LIK | Total | 240,347,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
Date | 21:54:23, December 13, 2005 CET | From | AM Radical Libertarian Party | To | Debating the Income tax proposal of August 2155 |
Message | We are currently running a surplus of 14,495,028,867 per year. The RLP proposes reducing the tax rates to 35%, along with some minor reductions in spending. This will generate a surplus of 183,000,000 per year. We feel that this is sufficient when looked at along with the reserves built up under the previous budget We are interested in other party's viewpoints with respect to these changes. |
Date | 02:11:52, December 14, 2005 CET | From | Commonwealth Workers Army | To | Debating the Income tax proposal of August 2155 |
Message | The AAS likes the look of this new proposal. The AAS intended to continue reducing taxation, if we retained control of the Finance office, so this policy is very much in keeping with our own 'finance' agenda. |
Date | 06:45:24, December 14, 2005 CET | From | People's Party | To | Debating the Income tax proposal of August 2155 |
Message | yes |
Date | 07:29:48, December 14, 2005 CET | From | Likaton Fascist Front | To | Debating the Income tax proposal of August 2155 |
Message | PSS will support this. |
Date | 19:27:12, December 14, 2005 CET | From | AM Radical Libertarian Party | To | Debating the Income tax proposal of August 2155 |
Message | As there seems to be general agreement to the budget and taxation proposals, we shall move to a vote. |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 268 | |||||
no | Total Seats: 0 | |||||
abstain |
Total Seats: 232 |
Random fact: Cultural Protocol bills must provide a real-life equivalent or short description for the ethnic groups, languages and religions contained in them, such that it would be easy for an unfamiliar player to understand (e.g. "Dundorfian = German"). Where appropriate, they should also provide guidance to players on where to find help with translations and character names. This might include, for example, links to Google Translate, Behind the Name's Random Name Generator and Fantasy Name Generators. |
Random quote: "We pursue no other aim than freedom from oppression, liberty from lies, salvation from irrationality!" - Julius Callus, former Davostani politician |