We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of December 3865
Details
Submitted by[?]: Liberal Progressive Alliance
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 3866
Description[?]:
| The Eastern-Central Alliance propose to adjust the government's income tax policy to better address the economic situation of the Great Democratic Republic of Lodamun. Carl Lexington Deputy Leader Eastern-Central Alliance |
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 | 10% | 5,292,000,000 LOD |
| > 922 LOD | 15% | 22,144,000,000 LOD |
| > 3,745 LOD | 28% | 22,692,000,000 LOD |
| > 9,075 LOD | 33% | 2,304,000,000 LOD |
| > 12,000 LOD | 40% | 184,000,000 LOD | Total | 52,616,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 00:38:39, June 24, 2015 CET | From |  Great National Republican Guard | To | Debating the Income tax proposal of December 3865 |
| Message | Mr. Speaker, Generally, this bill is about raising the taxes on the poor, and cutting taxes for the rich. Under the current tax scheme, someone doesn't pay 10% until they earn 2,550 LOD. This bill will force all working citizens to pay 10% and more. Under the current tax scheme, citizens who earn 922 LOD fall into the bracket that pays 3% for income tax. These citizens will pay 15% under the proposed tax scheme, which is 5 times what they currently pay. The proposed tax scheme was not well thought out. As I predicted, the ECA is not able to get revenue to exceed 107,000,000,000 LOD without ridiculous tax increases - http://classic.particracy.net/viewbill.php?billid=439926 - For the poor and working class, this is a ridiculous tax increase. Some citizens have to pay 5 times more in tax, just so that the ECA's wealthy friends can get a 10% tax cut. No sensible Member of the Presidium will vote in favour of this dangerous bill. -- Kevin Landau, Finance Minister |
| Date | 00:46:39, June 24, 2015 CET | From | Liberal Progressive Alliance | To | Debating the Income tax proposal of December 3865 |
| Message | M. Speaker, The minister is quite wrong. This bill is not about raising the tax percentage. It's about creating more efficient and less confusing tax brackets. Currently there are 50 tax brackets. That's right, 50. Currently, less than 300 LOD separates each bracket. This is ridiculous and unnecessary. This bill makes for a more efficient and productive tax system for everyone. Carl Lexington Deputy Leader Eastern-Central Alliance |
| Date | 01:01:20, June 24, 2015 CET | From | Great National Republican Guard | To | Debating the Income tax proposal of December 3865 |
| Message | Mr. Speaker, What exactly are we wrong about? Carl Lexington says that this bill is not about raising the tax percentage, but citizens who earn 922 LOD under the current system pay only 3% tax. In Lexington's proposal, they will have to pay 5 times what they currently pay. The current tax system is not complex. every bracket is exactly 255 LOD apart. The tax bracket increases and the tax percentage increases are consistent. For every 255 LOD, there is 1% tax. -- Kevin Landau, Finance Minister |
| Date | 01:50:48, June 25, 2015 CET | From | People of Freedom (P.F) | To | Debating the Income tax proposal of December 3865 |
| Message | Mr. Speaker. Our party will not support tax increases on our most vulnerable people. Amy Lane Leader of the P.F within the Presidium |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 161 | ||||||
| no |
Total Seats: 438 | ||||||
| abstain | Total Seats: 0 |
| Random fact: "Doxxing", or the publishing of personally identifiable information about another player without permission, is forbidden. |
| Random quote: "Why is it that, as a culture, we are more comfortable seeing two men holding guns than holding hands?" - Ernest Gaines |