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Bill: Income tax proposal of October 4939
Details
Submitted by[?]: Democratic Party of Likatonia (LA)
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: June 4940
Description[?]:
| The Democratic Party of Likatonia 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 |
| > 3,600 LIK | 17% | 11,740,000,000 LIK |
| > 4,800 LIK | 19% | 16,402,000,000 LIK |
| > 6,300 LIK | 21% | 22,588,000,000 LIK |
| > 8,300 LIK | 23% | 27,103,000,000 LIK |
| > 11,000 LIK | 26% | 26,758,000,000 LIK |
| > 14,000 LIK | 29% | 25,997,000,000 LIK |
| > 18,000 LIK | 32% | 21,305,000,000 LIK |
| > 23,000 LIK | 36% | 22,079,000,000 LIK |
| > 30,000 LIK | 40% | 14,444,000,000 LIK |
| > 40,000 LIK | 45% | 1,345,000,000 LIK | Total | 189,761,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 01:46:39, May 21, 2021 CET | From | Democratic Nationalist Party | To | Debating the Income tax proposal of October 4939 |
| Message | We agree. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 79 | ||||
| no | Total Seats: 27 | ||||
| abstain |
Total Seats: 44 |
| Random fact: When you join the game, you will find yourself with only zero seats. That's because your party's representatives haven't been elected yet. You need to establish your party's position on issues by proposing several bills that your party wants passed and sending them to vote. This raises your visibility and if you do it enough, you will win seats at the next election. |
| Random quote: "I like to pay taxes. With them I buy civilization." - Oliver Wendell Holmes, Jr. |