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Bill: Income tax 4778
Details
Submitted by[?]: Neo-Idealist Social Lodamese 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: December 4778
Description[?]:
We propose this new taxing system to better redistribute wealth and income among our citizens, bring a more egalitarian and progressive nation. |
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 LOD | 5% | 5,520,000,000 LOD |
> 3,000 LOD | 20% | 13,668,000,000 LOD |
> 5,000 LOD | 50% | 19,067,000,000 LOD |
> 8,000 LOD | 80% | 11,192,000,000 LOD |
> 12,000 LOD | 99% | 456,000,000 LOD | Total | 49,903,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 309 | |
no | Total Seats: 0 | |
abstain | Total Seats: 290 |
Random fact: In general, role-play requires the consent of all players. |
Random quote: "A politician who is poor is a poor politician." - Carlos Hank Gonzalez |