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Bill: Income tax proposal of September 2198
Details
Submitted by[?]: Conservative People's Party
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: May 2199
Description[?]:
| The Conservative People's Party propose to adjust the government's income tax policy to better address the economic situation of the Five Nations 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 |
| > 4,000 LOD | 35% | 27,734,000,000 LOD | Total | 27,734,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 15:00:39, March 12, 2006 CET | From | Conservative People's Party | To | Debating the Income tax proposal of September 2198 |
| Message | We currently have an annual surplus of 5,838,559,307 LOD and an income tax of 40% With the current income tax we make 21.509.970.552 LOD If we lower the income tax to 35% we'll make 18.821.224.233 LOD and our annual surplus will be reduced to 3.149.812.988 LOD The CPP believes this money will be best placed in the citizens' wallets |
| Date | 18:08:09, March 12, 2006 CET | From |  Gil's Green party | To | Debating the Income tax proposal of September 2198 |
| Message | It would be better to invest in healthcare, science and education. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 119 | |||
| no |
Total Seats: 37 | |||
| abstain | Total Seats: 45 |
| Random fact: "Kubrk" is a Jelbic word that has the colloquial meaning "old man" or "geezer". |
| Random quote: "A lot of people are waiting for Martin Luther King or Mahatma Gandhi to come back, but they are gone. We are it. It is up to us. It is up to you." - Marian Wright Edelman |