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Bill: Income tax proposal of February 5242 (government bill)
Details
Submitted by[?]: Course of Freedom (Kellins faction)
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 5242
Description[?]:
| This is the planned rise in the highest income tax bracket to fund our pension system. |
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 |
| > 1,500 LPD | 10% | 14,000,000,000 LPD |
| > 4,000 LPD | 14% | 12,838,000,000 LPD |
| > 6,000 LPD | 18% | 12,144,000,000 LPD |
| > 8,000 LPD | 20% | 15,750,000,000 LPD |
| > 12,000 LPD | 40% | 23,426,000,000 LPD | Total | 78,158,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 142 | |||||
| no |
Total Seats: 0 | |||||
| abstain |
Total Seats: 106 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "I am not a vegetarian because I love animals; I am a vegetarian because I hate plants." - A. Whitney Brown |