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Bill: Income tax proposal of July 2303
Details
Submitted by[?]: Legion of the Archangel Michael
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: March 2304
Description[?]:
| The Legion of the Archangel Michael propose to adjust the government's income tax policy to better address the economic situation of the Five Nations of Lodamun. Income Tax to be reformed. Blacks, in accordance with our Apartheid laws, are to be redifined as peasants and are not allowed to earn more than 999 Lods a year. They are to be taxed at a rate of 75%, with money going to their local Church, their local Barons, and to the central government of the nation, our Party. White freemen are to be taxed at a rate of 15%, proiding funds for the state apparatus that supports them. White artisans and merchants are to be taxed at a rate of 5%, allowing them to fuel our economy. The 2,000+ members of the nobility are to be taxed at a rate of 1% |
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 LOD | 75% | 43,013,000,000 LOD |
| > 1,000 LOD | 15% | 26,826,000,000 LOD |
| > 5,000 LOD | 5% | 2,446,000,000 LOD |
| > 10,000 LOD | 1% | 37,000,000 LOD | Total | 72,322,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 465 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 285 |
| 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: "Corruption is the nightmare that keeps democracy a dream." - Anonymous |