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Bill: Income tax proposal of January 2313
Details
Submitted by[?]: Likaton Coalition of the Willing
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: September 2313
Description[?]:
| The Moral Reform Party propose to adjust the government's income tax policy to better address the economic situation of the The Democratic Republic of Greater Likatonia. |
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 |
| > 12,750 LIK | 20% | 14,317,000,000 LIK |
| > 15,250 LIK | 25% | 23,433,000,000 LIK |
| > 20,500 LIK | 30% | 28,244,000,000 LIK |
| > 30,500 LIK | 32% | 10,732,000,000 LIK |
| > 40,500 LIK | 35% | 842,000,000 LIK | Total | 77,568,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 251 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 250 |
| Random fact: Party organizations are eligible for deletion if they are over 50 in-game years old, do not have at least 1 active member or are historically significant and possess historically significant information. |
| Random quote: "The best politics is right action." - Mahatma Gandhi |