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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% | 1,148,000,000 LOD |
| > 1,000 LOD | 4% | 3,407,000,000 LOD |
| > 2,500 LOD | 14% | 13,127,000,000 LOD |
| > 5,000 LOD | 22% | 8,397,000,000 LOD |
| > 8,000 LOD | 33% | 3,558,000,000 LOD |
| > 10,000 LOD | 43% | 1,385,000,000 LOD |
| > 12,000 LOD | 49% | 226,000,000 LOD | Total | 31,248,000,000 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: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play". |
| Random quote: "The difference between a republic and a people's republic is a lot like the difference between a jacket and a straightjacket." - Ronald Reagan |