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Bill: A Tax Break for Likatonia
Details
Submitted by[?]: Likatonian Independence 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: February 4191
Description[?]:
| Let's give our people a much needed tax cut! Letting all of our citizens keep more of their hard-earned money to do with as they please. |
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 |
| > 2,000 LIK | 10% | 11,489,000,000 LIK |
| > 4,000 LIK | 15% | 33,676,000,000 LIK |
| > 8,000 LIK | 20% | 34,068,000,000 LIK |
| > 12,000 LIK | 25% | 38,612,000,000 LIK |
| > 18,000 LIK | 30% | 50,016,000,000 LIK | Total | 167,861,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 252 | |||
| no |
Total Seats: 245 | |||
| abstain | Total Seats: 0 |
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