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Bill: Income tax proposal (to stop punishing the rich) of November 4680 A
Details
Submitted by[?]: Lodamese Movement for Women's Rights
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 4682
Description[?]:
| The Lodamese Movement for Women's Rights propose to adjust the government's income tax policy to better address the economic situation of the 2nd Co-operative Federative 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 |
| > 500 LOD | 50% | 14,299,000,000 LOD |
| > 1,000 LOD | 40% | 11,439,000,000 LOD |
| > 1,500 LOD | 30% | 8,580,000,000 LOD |
| > 2,000 LOD | 20% | 5,524,000,000 LOD |
| > 2,500 LOD | 10% | 14,580,000,000 LOD | Total | 54,422,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 398 | |||
| no |
Total Seats: 257 | |||
| abstain | Total Seats: 94 |
| Random fact: "Game mechanics comes first." For example, if a currently-enforced bill sets out one law, then a player cannot claim the government has set out a contradictory law. |
| Random quote: "The proletarians of the world have nothing to lose but their chains. They have a world to win. Workers of all countries: unite!" - Karl Marx |