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Bill: Income tax proposal of April 4924
Details
Submitted by[?]: Conservative Labour Party (NF)
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 4924
Description[?]:
The Conservative Labour Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Likatonia (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 |
> 3,000 LIK | 10% | 37,281,000,000 LIK |
> 10,000 LIK | 22% | 58,074,000,000 LIK |
> 20,000 LIK | 32% | 31,135,000,000 LIK |
> 30,000 LIK | 43% | 16,802,000,000 LIK | Total | 143,292,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
Date | 00:43:24, April 20, 2021 CET | From | Conservative Labour Party (NF) | To | Debating the Income tax proposal of April 4924 |
Message | This taxtion bill will cut the ammount of tax everyone has to pay and is in line with our current budget |
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Voting
Vote | Seats | |||||
yes | Total Seats: 61 | |||||
no | Total Seats: 0 | |||||
abstain |
Total Seats: 38 |
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