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Bill: Income tax proposal of February 4104
Details
Submitted by[?]: Great National Republican Guard
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: October 4104
Description[?]:
The Great National Republican Guard propose to adjust the government's income tax policy to better address the economic situation of the 2nd Great Democratic Republic of Lodamun. |
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 |
> 650 LOD | 5% | 1,866,000,000 LOD |
> 1,300 LOD | 10% | 3,732,000,000 LOD |
> 1,950 LOD | 15% | 5,388,000,000 LOD |
> 2,600 LOD | 20% | 6,356,000,000 LOD |
> 3,250 LOD | 25% | 6,596,000,000 LOD |
> 3,900 LOD | 30% | 6,035,000,000 LOD |
> 4,550 LOD | 35% | 4,975,000,000 LOD |
> 5,200 LOD | 40% | 4,588,000,000 LOD |
> 5,850 LOD | 45% | 3,842,000,000 LOD |
> 6,500 LOD | 50% | 3,295,000,000 LOD |
> 7,150 LOD | 55% | 3,268,000,000 LOD |
> 7,800 LOD | 60% | 2,787,000,000 LOD |
> 8,450 LOD | 65% | 2,594,000,000 LOD |
> 9,100 LOD | 70% | 1,941,000,000 LOD |
> 9,750 LOD | 75% | 1,657,000,000 LOD |
> 10,400 LOD | 80% | 925,000,000 LOD |
> 11,050 LOD | 85% | 460,000,000 LOD |
> 11,700 LOD | 90% | 336,000,000 LOD |
> 12,350 LOD | 95% | 246,000,000 LOD | Total | 60,887,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes | Total Seats: 303 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 263 |
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: "[In the West] unpopular ideas can be silenced, and inconvenient facts kept dark, without any need for an official ban." - George Orwell |