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Bill: Income tax proposal of September 2283
Details
Submitted by[?]: AM Radical Libertarian 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: November 2284
Description[?]:
| The AM Radical Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the The Free Axis Mundi Republic of Central Likatonia. We feel that with the continuing surplus, the rates for alll brackets can be lowered, and the slope flattened somewhat. The majority of the savings will, as is only just, be realized by those in the lowest bracket. |
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 |
| > 12,000 LIK | 20% | 37,026,000,000 LIK |
| > 20,000 LIK | 22% | 21,455,000,000 LIK |
| > 30,000 LIK | 24% | 8,666,000,000 LIK |
| > 40,000 LIK | 26% | 777,000,000 LIK | Total | 67,924,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 01:16:49, September 15, 2006 CET | From |  Likaton Coalition of the Willing | To | Debating the Income tax proposal of September 2283 |
| Message | We will support any lightening of the tax load, when our nation is so prosperous. |
| Date | 15:54:53, September 15, 2006 CET | From | AM Meria Separatist Alliance | To | Debating the Income tax proposal of September 2283 |
| Message | "We also have no opposition to this proposal." -- Michael Makaveilli |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 397 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 104 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "Politics is for the present, but an equation is for eternity." - Albert Einstein |