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Bill: Income tax proposal of August 2312
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: April 2313
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. |
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% | 2,870,000,000 LOD |
> 1,500 LOD | 15% | 4,306,000,000 LOD |
> 2,000 LOD | 20% | 5,544,000,000 LOD |
> 2,500 LOD | 25% | 6,334,000,000 LOD |
> 3,000 LOD | 30% | 6,868,000,000 LOD |
> 3,500 LOD | 33% | 6,209,000,000 LOD |
> 4,000 LOD | 35% | 5,385,000,000 LOD |
> 4,500 LOD | 37% | 4,177,000,000 LOD |
> 5,000 LOD | 40% | 11,704,000,000 LOD |
> 7,000 LOD | 45% | 4,005,000,000 LOD |
> 8,000 LOD | 50% | 5,387,000,000 LOD |
> 10,000 LOD | 60% | 2,212,000,000 LOD | Total | 65,001,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 750 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
Random quote: "Don't listen to what the Communists say, but look at what they do." - Nguyen Van Thieu |