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Bill: Income tax proposal of March 4066
Details
Submitted by[?]: Progressive Populist Party
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: November 4066
Description[?]:
| The Free Democratic Party of Likatonia propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Likatonia. |
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 | 9% | 49,029,000,000 LIK |
| > 10,000 LIK | 15% | 39,577,000,000 LIK |
| > 20,000 LIK | 20% | 19,472,000,000 LIK |
| > 30,000 LIK | 25% | 5,838,000,000 LIK |
| > 35,000 LIK | 30% | 3,816,000,000 LIK |
| > 40,000 LIK | 35% | 1,044,000,000 LIK | Total | 118,776,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 18:30:30, July 29, 2016 CET | From | Conservative party of Likatonia | To | Debating the Income tax proposal of March 4066 |
| Message | I recommend a flat tax of 20/%. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 696 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 54 |
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| Random quote: "I'm the motherfucking Premier of Kalistan. It don't get more full time than that!" - Omar Al-Khali, former Kalistani politician |