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Bill: Income tax proposal of April 2305
Details
Submitted by[?]: Black People's 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: December 2305
Description[?]:
| The Black People's Party propose to adjust the government's income tax policy to better address the economic situation of the Five Nations of Lodamun. This is the very first income tax proposal that i have ever done so im kind of new to this. |
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 |
| > 1,000 LOD | 10% | 8,514,000,000 LOD |
| > 2,500 LOD | 25% | 6,335,000,000 LOD |
| > 3,000 LOD | 30% | 20,511,000,000 LOD |
| > 5,000 LOD | 40% | 11,697,000,000 LOD |
| > 7,000 LOD | 45% | 4,003,000,000 LOD |
| > 8,000 LOD | 50% | 5,382,000,000 LOD |
| > 10,000 LOD | 60% | 2,205,000,000 LOD | Total | 58,647,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 412 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 338 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "Today's political campaigns function as collection agencies for broadcasters. You simply transfer money from contributors to television stations." - Bill Bradley |