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Bill: Income tax proposal of June 4384
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: February 4385
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 | 30% | 8,633,000,000 LIK |
| > 1,500 LIK | 30% | 25,899,000,000 LIK |
| > 3,000 LIK | 30% | 34,532,000,000 LIK |
| > 5,000 LIK | 30% | 77,584,000,000 LIK |
| > 10,000 LIK | 30% | 29,183,000,000 LIK |
| > 12,500 LIK | 30% | 22,200,000,000 LIK |
| > 15,000 LIK | 30% | 27,994,000,000 LIK |
| > 20,000 LIK | 30% | 17,075,000,000 LIK |
| > 25,000 LIK | 30% | 12,187,000,000 LIK |
| > 30,000 LIK | 30% | 9,388,000,000 LIK |
| > 37,500 LIK | 30% | 1,447,000,000 LIK |
| > 40,000 LIK | 30% | 897,000,000 LIK | Total | 267,019,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 23:52:03, April 27, 2018 CET | From | Republican Centrist Alliance | To | Debating the Income tax proposal of June 4384 |
| Message | The RCA will not vote to raise taxes on the poor in order to lower taxes on the rich. That is not only just plain wrong it is also economicly unsound. John Grant Party Chairman of the Republican Centrist Alliance. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 142 | |||
| no | Total Seats: 217 | |||
| abstain | Total Seats: 66 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "My tenure will be controversial and it is, quite obviously, true that I am the most right-wing Prime Minister this country has seen in several decades.” - Margaret Woodhall, former Dranian politician |