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Bill: Income tax proposal of June 2630
Details
Submitted by[?]: Tory Party
Status[?]: defeated
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: July 2631
Description[?]:
| The Tory Party propose to adjust the government's income tax policy to better address the economic situation of the Free Republic of Lourenne. |
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 |
| > 40,000 LFR | 20% | 0 LFR |
| > 65,000 LFR | 28% | 0 LFR |
| > 100,000 LFR | 35% | 0 LFR |
| > 150,000 LFR | 44% | 0 LFR |
| > 500,000 LFR | 51% | 0 LFR |
| > 750,000 LFR | 60% | 0 LFR | Total | 0 LFR |
Debate
These messages have been posted to debate on this bill:
| Date | 17:24:40, September 01, 2008 CET | From | Tory Party | To | Debating the Income tax proposal of June 2630 |
| Message | this takes the low paid out of taxation and puts in a new top rate for the extremely highly paid in our society. |
| Date | 06:35:47, September 03, 2008 CET | From | New Liberal-United Lourenne Alliance | To | Debating the Income tax proposal of June 2630 |
| Message | Im not sure if my browser is having problems, but just to make sure is there intentionally no revenue? |
| Date | 11:42:51, September 03, 2008 CET | From | Parti de Garde Royales | To | Debating the Income tax proposal of June 2630 |
| Message | Lourenne's economy has not been coded and probably never will |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 138 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 161 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: "Those who expect to reap the blessing of freedom must, like men, undergo the fatigue of supporting it. " - Thomas Paine |