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Bill: Income tax proposal of May 4283
Details
Submitted by[?]: Nationalist Party of Likatonia
Status[?]: defeated
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: July 4284
Description[?]:
| The Worker's Socialist Party 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 | 8% | 4,604,000,000 LIK |
| > 2,000 LIK | 14% | 16,115,000,000 LIK |
| > 4,000 LIK | 20% | 44,985,000,000 LIK |
| > 8,000 LIK | 25% | 42,667,000,000 LIK |
| > 12,000 LIK | 27% | 31,214,000,000 LIK |
| > 16,000 LIK | 31% | 21,562,000,000 LIK |
| > 20,000 LIK | 35% | 19,920,000,000 LIK |
| > 25,000 LIK | 38% | 30,299,000,000 LIK | Total | 211,366,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 00:21:39, October 08, 2017 CET | From | Social Liberal Party | To | Debating the Income tax proposal of May 4283 |
| Message | We would like to know where these extra 4 billion Likath are supposed to be directed to before making an informed decision. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 191 | |||
| no |
Total Seats: 165 | |||
| abstain | Total Seats: 69 |
| Random fact: Cabinet ministers who disagree seriously with the head of government would usually be expected to resign. Parties within the cabinet may attempt to manoeuvre to replace the head of government though, for example by proposing a new cabinet bill or voting for an early election. |
| Random quote: "It is said, 'Pontesi is Jelbic in nature'. But I tell you, they are really a lost tribe of Selucians, forced to become barbarians by their savage Jelbic conquerors." - Alamar Xarfaxis, former Pontesian politician |