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Bill: Income tax proposal of March 4331
Details
Submitted by[?]: Grand Nationalist Fraction
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: April 4332
Description[?]:
| The Lodamese Nationalist Committee propose to adjust the government's income tax policy to better address the economic situation of the 2nd Great Democratic Republic of Lodamun. |
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 |
| > 300 LOD | 3% | 516,000,000 LOD |
| > 600 LOD | 6% | 2,237,000,000 LOD |
| > 1,250 LOD | 12% | 8,486,000,000 LOD |
| > 2,500 LOD | 15% | 12,353,000,000 LOD |
| > 4,500 LOD | 20% | 5,824,000,000 LOD |
| > 6,000 LOD | 30% | 7,127,000,000 LOD |
| > 8,500 LOD | 40% | 2,911,000,000 LOD |
| > 10,000 LOD | 45% | 1,448,000,000 LOD |
| > 12,000 LOD | 50% | 230,000,000 LOD | Total | 41,132,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 332 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 267 |
| Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
| Random quote: "Since when did you care about women?" - Faith Chiang, former Gaduri politician |