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Bill: Income tax proposal of November 3115
Details
Submitted by[?]: Constitutionalist Imperial League (IA)
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: July 3116
Description[?]:
The Constitutionalist Imperial League (IA) propose to adjust the government's income tax policy to better address the economic situation of the Holy Luthori Empire. |
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 LPD | 10% | 52,060,000,000 LPD | Total | 52,060,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
Date | 22:56:57, May 04, 2011 CET | From | Constitutionalist Imperial League (IA) | To | Debating the Income tax proposal of November 3115 |
Message | Mr Speaker, This is the only legal income tax rate. By order of the Imperial Court of Law, the government will not receive any revenue beyond that which it receives with a 10% income tax, therefore it is only logical to have the law reflect the Court's decision. I yield. |
Date | 02:43:57, May 05, 2011 CET | From | Luthorian Conservative Party 🔵 | To | Debating the Income tax proposal of November 3115 |
Message | Mr. Speaker, Sorry it is 38% and with all the spending you like to do it must stay that way. I Yield |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 102 | ||||
no | Total Seats: 33 | ||||
abstain | Total Seats: 66 |
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