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Bill: Income tax proposal of February 3676
Details
Submitted by[?]: People's Party for Freedom and Democracy
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 3676
Description[?]:
The People's Party for Freedom and Democracy propose to adjust the government's income tax policy to better address the economic situation of the Great Democratic Republic 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 |
> 1,000 LOD | 2% | 574,000,000 LOD |
> 1,500 LOD | 4% | 1,148,000,000 LOD |
> 2,000 LOD | 6% | 1,663,000,000 LOD |
> 2,500 LOD | 8% | 2,027,000,000 LOD |
> 3,000 LOD | 10% | 2,289,000,000 LOD |
> 3,500 LOD | 12% | 2,257,000,000 LOD |
> 4,000 LOD | 14% | 2,153,000,000 LOD |
> 4,500 LOD | 16% | 1,805,000,000 LOD |
> 5,000 LOD | 18% | 1,764,000,000 LOD |
> 5,500 LOD | 20% | 1,611,000,000 LOD |
> 6,000 LOD | 22% | 1,377,000,000 LOD |
> 6,500 LOD | 24% | 1,230,000,000 LOD |
> 7,000 LOD | 26% | 1,255,000,000 LOD |
> 7,500 LOD | 28% | 1,140,000,000 LOD |
> 8,000 LOD | 30% | 1,047,000,000 LOD |
> 8,500 LOD | 32% | 992,000,000 LOD |
> 9,000 LOD | 34% | 814,000,000 LOD |
> 9,500 LOD | 36% | 644,000,000 LOD |
> 10,000 LOD | 38% | 622,000,000 LOD |
> 10,500 LOD | 40% | 325,000,000 LOD |
> 11,000 LOD | 42% | 203,000,000 LOD |
> 11,500 LOD | 44% | 126,000,000 LOD |
> 12,000 LOD | 46% | 132,000,000 LOD |
> 12,500 LOD | 48% | 83,000,000 LOD | Total | 27,281,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes | Total Seats: 466 | |||
no | Total Seats: 133 | |||
abstain | Total Seats: 0 |
Random fact: "Jezvraljogadsrlji" means "Social" in the Jelbic languages. |
Random quote: "The best political weapon is the weapon of terror. Cruelty commands respect. Men may hate us, but we don't ask for their love, only for their fear." - Heinrich Himmler |