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Bill: Income tax proposal of December 4269
Details
Submitted by[?]: Nationalist Party of Likatonia
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: August 4270
Description[?]:
The People's Socialist 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 |
> 1,000 LIK | 10% | 5,750,000,000 LIK |
> 2,000 LIK | 15% | 17,251,000,000 LIK |
> 4,000 LIK | 20% | 44,946,000,000 LIK |
> 8,000 LIK | 25% | 42,629,000,000 LIK |
> 12,000 LIK | 27% | 31,187,000,000 LIK |
> 16,000 LIK | 30% | 61,824,000,000 LIK | Total | 203,587,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes | Total Seats: 235 | |||
no | Total Seats: 159 | |||
abstain | Total Seats: 31 |
Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
Random quote: "Under every stone lurks a politician." Aristophanes (450 BC - 388 BC), Thesmophoriazusae, 410 B.C |