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Bill: Income tax proposal of September 4366
Details
Submitted by[?]: Alternative for 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 4367
Description[?]:
| The Alternative for 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 | 20% | 5,748,000,000 LIK |
| > 1,500 LIK | 22% | 18,969,000,000 LIK |
| > 3,000 LIK | 24% | 27,592,000,000 LIK |
| > 5,000 LIK | 26% | 67,157,000,000 LIK |
| > 10,000 LIK | 28% | 27,201,000,000 LIK |
| > 12,500 LIK | 30% | 22,172,000,000 LIK |
| > 15,000 LIK | 32% | 29,816,000,000 LIK |
| > 20,000 LIK | 34% | 19,335,000,000 LIK |
| > 25,000 LIK | 36% | 14,620,000,000 LIK |
| > 30,000 LIK | 38% | 11,888,000,000 LIK |
| > 37,500 LIK | 40% | 1,929,000,000 LIK |
| > 40,000 LIK | 42% | 1,254,000,000 LIK | Total | 247,681,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 12:48:08, March 23, 2018 CET | From | Council of Lords | To | Debating the Income tax proposal of September 4366 |
| Message | The lords of the council do not think that it is wise to play around with the federal budget at this time. - sir Alistair Amell |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 87 | |||||
| no |
Total Seats: 338 | |||||
| abstain |
Total Seats: 0 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: The Wolfsheim Virus is not a real actual disease in the conventional medical sense of the term. Rather, it is a cluster of symptoms which are just part of the general socio-economic disease that is capitalism. The main symptoms the sufferers are experiencing are a direct result of capitalist poverty, as in malnutrition, poor housing and so on, combined with psycho-somatic symptoms which are a direct consequence of the contradictions and stresses which are inherent to the capitalist system. ~ Friedrich Pfeiffer, General Secretary of the Dorvish Communist Party |