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Bill: Tax Proposal of August 2153
Details
Submitted by[?]: Luthori Green 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 not pass any sooner than the deadline.
Voting deadline: April 2154
Description[?]:
| The Greens for Social Justice (LPA) propose to adjust the government's tax policy to better address the economic situation of the Holy Luthori Empire. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 7
Current: 20
Proposed: 5
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 4
Current: 6
Proposed: 0
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 7
Current: 21
Proposed: 5
Article 4
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 |
| > 25 LPD | 5% | 71,000,000 LPD |
| > 50 LPD | 10% | 282,000,000 LPD |
| > 100 LPD | 15% | 1,270,000,000 LPD |
| > 250 LPD | 20% | 2,821,000,000 LPD |
| > 500 LPD | 25% | 7,054,000,000 LPD |
| > 1,000 LPD | 30% | 25,393,000,000 LPD |
| > 2,500 LPD | 35% | 46,344,000,000 LPD |
| > 5,000 LPD | 40% | 62,223,000,000 LPD |
| > 10,000 LPD | 45% | 36,481,000,000 LPD |
| > 20,000 LPD | 50% | 5,698,000,000 LPD | Total | 187,637,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 16:03:50, December 10, 2005 CET | From | Luthori Green Party | To | Debating the Tax Proposal of August 2153 |
| Message | I have gone through each bracket, and can assure you that this is a fair tax system. Also, there are only 800 people in Luthori who are paid > 30,000 LPD annually, so who are the other 50 people? |
| Date | 16:08:56, December 10, 2005 CET | From | Luthori Green Party | To | Debating the Tax Proposal of August 2153 |
| Message | By decreasing the corporate tax from 7% to 5%, businesses will have 2% more profit. By removing the tax for non-luxury items, we improve the lives of all, especially the poor. By decreasing the tax for luxury items, people can buy more, thus increasing demand, that business will have to meet. By making the changes to the income tax system outlined above, we nearly double the government's possible spending, while not placing the burden on any tax bracket. |
| Date | 17:14:32, December 10, 2005 CET | From | Redneck Party | To | Debating the Tax Proposal of August 2153 |
| Message | Taxing people half their earnings should never be called fair. It's called theft. |
| Date | 17:16:42, December 10, 2005 CET | From | Luthori Green Party | To | Debating the Tax Proposal of August 2153 |
| Message | They still have a larger income than any other bracket. |
| Date | 17:31:02, December 10, 2005 CET | From | Redneck Party | To | Debating the Tax Proposal of August 2153 |
| Message | That isn't the point. Just bscause someone can earn a comfortable life doesn't give you or any other fool the right to take thier hard earned money to do whatever you want with. You should be thrown in jailfor such a proposal. |
| Date | 17:37:22, December 10, 2005 CET | From | Luthori Green Party | To | Debating the Tax Proposal of August 2153 |
| Message | Um, yeah, well unless this bill passes, there won't be enough money to keep me in jail. |
| Date | 05:16:11, December 11, 2005 CET | From | Luthori Green Party | To | Debating the Tax Proposal of August 2153 |
| Message | If I was to introduce a revised bill, with the top two brackets (>10,000 and >20,000) removed, would the DUP and RnP vote for it? |
| Date | 09:48:55, December 11, 2005 CET | From | Covenanters (IA) | To | Debating the Tax Proposal of August 2153 |
| Message | No. This bill started off well, but the income tax proposal is a travesty! The 40% bracket, waged against the average hard working family is criminal. All the DUP will vote for is reduced overall spending and a flat rate tax set at an appropriate level to cover the bill. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 395 | ||||
| no |
Total Seats: 234 | ||||
| abstain | Total Seats: 121 |
| Random fact: Parties have the ability to endorse another party's candidate for the Head of State election (if there is one). This adds a strategic element to the elections. |
| Random quote: "All history has been a history of class struggles between dominated classes at various stages of social development." - Friedrich Engels |