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Bill: Simpler Tax system
Details
Submitted by[?]: Democratic Union for Likatonia
Status[?]: defeated
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: February 5162
Description[?]:
| The Reform 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 |
| > 5,000 LIK | 8% | 34,380,000,000 LIK |
| > 15,000 LIK | 15% | 13,990,000,000 LIK |
| > 20,000 LIK | 20% | 19,502,000,000 LIK |
| > 30,000 LIK | 28% | 10,111,000,000 LIK |
| > 40,000 LIK | 35% | 1,047,000,000 LIK | Total | 79,030,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 01:50:04, August 08, 2022 CET | From | Communist Staliano Party | To | Debating the Simpler Tax system |
| Message | Who needs simpler taxes? |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 162 | ||||
| no |
Total Seats: 312 | ||||
| abstain | Total Seats: 26 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: "There are many men of principle in both parties in America, but there is no party of principle." - Alexis de Tocqueville |