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Bill: Income tax proposal of October 2347
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: June 2348
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% | 2,875,000,000 LOD |
> 1,500 LOD | 15% | 4,312,000,000 LOD |
> 2,000 LOD | 20% | 5,553,000,000 LOD |
> 2,500 LOD | 25% | 6,345,000,000 LOD |
> 3,000 LOD | 30% | 6,878,000,000 LOD |
> 3,500 LOD | 33% | 6,218,000,000 LOD |
> 4,000 LOD | 35% | 5,391,000,000 LOD |
> 4,500 LOD | 37% | 4,182,000,000 LOD |
> 5,000 LOD | 40% | 11,716,000,000 LOD |
> 7,000 LOD | 45% | 4,010,000,000 LOD |
> 8,000 LOD | 50% | 5,394,000,000 LOD |
> 10,000 LOD | 60% | 2,212,000,000 LOD | Total | 65,086,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes |
Total Seats: 384 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 0 |
Random fact: Real-life places should not be referenced in Particracy. |
Random quote: "It is said, 'Pontesi is Jelbic in nature'. But I tell you, they are really a lost tribe of Selucians, forced to become barbarians by their savage Jelbic conquerors." - Alamar Xarfaxis, former Pontesian politician |