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Bill: Income tax proposal of April 2176
Details
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: December 2177
Description[?]:
| Lowering the government's taxation power rather than raising its spending power. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 60
Current: 23
Proposed: 20
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 25
Proposed: 35
Article 3
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 |
| > 4,000 LOD | 40% | 31,656,000,000 LOD | Total | 31,656,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 18:37:46, January 26, 2006 CET | From | Milice | To | Debating the Income tax proposal of April 2176 |
| Message | we are shocked at the current level of taxation and will support this drastic tax cuts. |
| Date | 23:34:19, January 26, 2006 CET | From | Libertarian League | To | Debating the Income tax proposal of April 2176 |
| Message | big support |
| Date | 00:12:58, January 27, 2006 CET | From |  Tuesday Is Coming | To | Debating the Income tax proposal of April 2176 |
| Message | Dont let CNT/AFL fool you, they wanted the current levels and helped to get them that way. |
| Date | 00:13:34, January 27, 2006 CET | From | Tuesday Is Coming | To | Debating the Income tax proposal of April 2176 |
| Message | In any case, no one needs more than 2500 LOD anyway, the LOD is the strongest currency in the world. |
| Date | 00:26:05, January 28, 2006 CET | From | CNT/AFL | To | Debating the Income tax proposal of April 2176 |
| Message | The CNT/AFL's party policies have changed, I trust you are no stranger to policy changes? |
| Date | 11:16:31, January 29, 2006 CET | From | Tuesday Is Coming | To | Debating the Income tax proposal of April 2176 |
| Message | lmao |
| Date | 11:16:55, January 29, 2006 CET | From | Tuesday Is Coming | To | Debating the Income tax proposal of April 2176 |
| Message | Of course not...Im as libertarian as ever. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 51 | ||||
| no |
Total Seats: 33 | ||||
| abstain | Total Seats: 11 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "I realize that a life predicated on being obedient and taking orders is a very comfortable life indeed. Living in such a way reduces to a minimum one's need to think." - Adolf Eichmann |