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Bill: Income tax proposal of April 4314
Details
Submitted by[?]: Conservative 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: December 4314
Description[?]:
The Conservative party of Likatonia propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Likatonia. We need to cut taxes for everyone then they can put their money that they earned where they want it. Ronald Lee Leader of the Conservative Party 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 |
> 100 LIK | 10% | 5,177,000,000 LIK |
> 1,000 LIK | 10% | 2,876,000,000 LIK |
> 1,500 LIK | 10% | 8,629,000,000 LIK |
> 3,000 LIK | 10% | 17,258,000,000 LIK |
> 6,000 LIK | 10% | 20,098,000,000 LIK |
> 10,000 LIK | 10% | 9,723,000,000 LIK |
> 12,500 LIK | 10% | 7,396,000,000 LIK |
> 15,000 LIK | 10% | 9,327,000,000 LIK |
> 20,000 LIK | 10% | 5,690,000,000 LIK |
> 25,000 LIK | 10% | 4,062,000,000 LIK |
> 30,000 LIK | 10% | 3,128,000,000 LIK |
> 37,500 LIK | 10% | 482,000,000 LIK |
> 40,000 LIK | 10% | 299,000,000 LIK | Total | 94,145,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
Date | 19:44:03, December 07, 2017 CET | From | Anarchist Socialist Party | To | Debating the Income tax proposal of April 4314 |
Message | We would grow a defcit, kill the poor and fuck over everyone but the rich. How about, we just don't do that? How about we really stop that, right now? Mike Adamsson, Representative of the Anarchist Socialist Party, Finance Wing |
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Voting
Vote | Seats | ||||||
yes | Total Seats: 31 | ||||||
no |
Total Seats: 203 | ||||||
abstain | Total Seats: 61 |
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