We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of January 4191
Details
Submitted by[?]: Social Liberal 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: September 4191
Description[?]:
| The Social Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Likatonia. This is nothing more than a return to the income tax system of 4154, and is tied to the spending increase. No further changes have been made for the hurry of stopping the budget drain that the right wing government has caused. ~~ Nathan Gruber, Secretary of Finance |
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 |
| > 1,000 LIK | 10% | 5,755,000,000 LIK |
| > 2,000 LIK | 15% | 17,264,000,000 LIK |
| > 4,000 LIK | 20% | 44,982,000,000 LIK |
| > 8,000 LIK | 25% | 71,562,000,000 LIK |
| > 16,000 LIK | 30% | 61,876,000,000 LIK | Total | 201,439,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 284 | |||||
| no | Total Seats: 200 | |||||
| abstain |
Total Seats: 13 |
| Random fact: If your "Bills under debate" section is cluttered up with old bills created by inactive parties, report them for deletion on the Bill Clearouts Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "If democracy is ever to be threatened, it will not be by revolutionary groups burning government offices and occupying the broadcasting and newspaper offices of the world. It will come from disenchantment, cynicism and despair caused by the realization that the New World Order means we are all to be managed and not represented." - Tony Benn |