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Bill: Income tax proposal of November 3975
Details
Submitted by[?]: Conservative Party
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: July 3976
Description[?]:
The Conservative Party propose to adjust the government's income tax policy to better address the economic situation of the Sociālā Republika Likatonia (Social Republic of Likatonia). This will provide us with a strong economy but with FAIR and EVENLY spread taxes for all citizens. |
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 LIK | 6% | 5,173,000,000 LIK |
> 1,500 LIK | 9% | 18,116,000,000 LIK |
> 5,000 LIK | 12% | 16,969,000,000 LIK |
> 7,500 LIK | 15% | 17,554,000,000 LIK |
> 10,000 LIK | 19% | 32,518,000,000 LIK |
> 15,000 LIK | 23% | 21,444,000,000 LIK |
> 20,000 LIK | 26% | 25,346,000,000 LIK |
> 30,000 LIK | 30% | 11,140,000,000 LIK |
> 40,900 LIK | 37% | 716,000,000 LIK | Total | 148,976,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 0 | ||
no | Total Seats: 100 | ||
abstain | Total Seats: 0 |
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