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Bill: Income tax proposal of April 3465
Details
Submitted by[?]: Democratic Socialists United
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 3465
Description[?]:
| The Dark Left Syndicate propose to adjust the government's income tax policy to better address the economic situation of the United Republics of Lodamun. |
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 |
| > 1 LOD | 2% | 1,144,000,000 LOD |
| > 1,000 LOD | 4% | 3,396,000,000 LOD |
| > 2,500 LOD | 14% | 13,086,000,000 LOD |
| > 5,000 LOD | 22% | 8,371,000,000 LOD |
| > 8,000 LOD | 33% | 3,547,000,000 LOD |
| > 10,000 LOD | 43% | 1,384,000,000 LOD |
| > 12,000 LOD | 49% | 226,000,000 LOD | Total | 31,154,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 478 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 271 |
| Random fact: When forming a cabinet, try to include as few parties as possible, while still obtaining a majority of the seats. |
| Random quote: "A politician is an animal which can sit on a fence and yet keep both ears to the ground." - H.L. Mencken |