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Bill: Income tax proposal of May 3791
Details
Submitted by[?]: Grand Nationalist Fraction
Status[?]: defeated
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: August 3792
Description[?]:
| The Lodamese Nationalistic Committee propose to adjust the government's income tax policy to better address the economic situation of the Great Democratic Republic of Lodamun. This system seems to be more fair than the current one. We will have to improve and rebuilt our economy step by step. |
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% | 1,147,000,000 LOD |
| > 1,000 LOD | 3% | 1,722,000,000 LOD |
| > 2,000 LOD | 6% | 3,183,000,000 LOD |
| > 3,000 LOD | 8% | 3,336,000,000 LOD |
| > 4,000 LOD | 10% | 2,666,000,000 LOD |
| > 5,000 LOD | 12% | 2,143,000,000 LOD |
| > 6,000 LOD | 14% | 1,594,000,000 LOD |
| > 7,000 LOD | 16% | 1,424,000,000 LOD |
| > 8,000 LOD | 18% | 1,186,000,000 LOD |
| > 9,000 LOD | 20% | 837,000,000 LOD |
| > 10,000 LOD | 22% | 539,000,000 LOD |
| > 11,000 LOD | 25% | 193,000,000 LOD |
| > 12,000 LOD | 30% | 138,000,000 LOD | Total | 20,108,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 133 | |||
| no | Total Seats: 466 | |||
| abstain | Total Seats: 0 |
| Random fact: In Particracy players are only allowed to play as one party at a time. Want to swap nations? Inactivate your current party and make a new one! Want to return? Request Moderation to reactivate your party on the forum! |
| Random quote: “Can anyone imagine a more perverse idea than forcing faithful Hosians like me to give away my money to enable irresponsible teenage girls to kill off their children because they were too drunk to use a damn condom?" - Dr. Francesca dos Santos, former Dranian politician |