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Bill: Imperial Tax Act of 3468
Details
Submitted by[?]: Imperial Conservative Union (IA)
Status[?]: defeated
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: October 3468
Description[?]:
| The increase in the Income Tax and the increase of the Luxury Sales Tax by 1% each will enable us to begin the payments towards funding the newly proposed Imperial Healthcare system. As compensation for the increase in taxes and to continue investment in our economy and industry, we also propose to lower the corporation tax by 1%. The goal of this Act is to enable the government to fund the new program to ensure a healthier and stronger empire of workers, soldiers, nobles, and commoners, that can all serve to make the empire better for all. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 7
Current: 20
Proposed: 6
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 21
Proposed: 16
Article 3
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 | 16% | 83,188,000,000 LPD | Total | 83,188,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 07:20:46, April 11, 2013 CET | From | Luthorian Conservative Party 🔵 | To | Debating the Imperial Tax Act of 3468 |
| Message | Mr. Speaker, Once again meet with our party and we could working something out. I yield. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 176 | |||
| no | Total Seats: 442 | |||
| abstain | Total Seats: 31 |
| Random fact: "Spamming", or the indiscriminate posting of unsolicited messages, is not allowed. |
| Random quote: "The state is nothing but an instrument of oppression of one class by another, no less so in a democratic republic than in a monarchy." - John Smith |