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Bill: SD.GOV:Reform of taxes
Details
Submitted by[?]: Democratic Party of Likatonia
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: October 4699
Description[?]:
| The Social Democrats 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 | 10% | 5,746,000,000 LIK |
| > 2,000 LIK | 15% | 25,859,000,000 LIK |
| > 5,000 LIK | 23% | 59,382,000,000 LIK |
| > 10,000 LIK | 35% | 92,464,000,000 LIK |
| > 20,000 LIK | 52% | 70,969,000,000 LIK | Total | 254,420,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 18:55:09, January 21, 2020 CET | From | Democratic Party of Likatonia | To | Debating the SD.GOV:Reform of taxes |
| Message | Check out proposed budget spending, but taxes and budget spending are related to each other |
| Date | 20:02:54, January 21, 2020 CET | From | Likatonia First | To | Debating the SD.GOV:Reform of taxes |
| Message | We support this change mostly but belive that maybe a higher tax bracket should be kept but belive there should be a higher entry level |
| Date | 22:36:17, January 21, 2020 CET | From | Conservative Republican Party | To | Debating the SD.GOV:Reform of taxes |
| Message | that is high but a temporary raise in defence will require a temporary raise in the budget. |
| Date | 23:59:46, January 21, 2020 CET | From | Democratic Party of Likatonia | To | Debating the SD.GOV:Reform of taxes |
| Message | We agree this too high. But we wanted to provide substainable economical growth and our military budget is not exceeding 10% of all gov budget |
| Date | 00:10:10, January 22, 2020 CET | From | Conservative Republican Party | To | Debating the SD.GOV:Reform of taxes |
| Message | OOC: we are taxing the crap out of everyone. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 484 | |||||
| no | Total Seats: 191 | |||||
| abstain |
Total Seats: 0 |
| Random fact: Hundreds of vessels were lost while traversing the cold waters of the Sea of Lost Souls. It is located between Seleya and Majatra. |
| Random quote: "We pursue no other aim than freedom from oppression, liberty from lies, salvation from irrationality!" - Julius Callus, former Davostani politician |