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Bill: Income tax proposal of April 3559
Details
Submitted by[?]: The Republican 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: December 3559
Description[?]:
| The The Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Realms of Luthori. |
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 |
| > 2,500 LPD | 10% | 2,824,000,000 LPD |
| > 3,000 LPD | 15% | 18,959,000,000 LPD |
| > 5,500 LPD | 20% | 4,214,000,000 LPD |
| > 6,000 LPD | 22% | 11,802,000,000 LPD |
| > 7,500 LPD | 30% | 11,413,000,000 LPD |
| > 9,000 LPD | 35% | 29,735,000,000 LPD |
| > 15,000 LPD | 38% | 6,478,000,000 LPD |
| > 20,000 LPD | 40% | 4,564,000,000 LPD | Total | 89,989,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 251 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 249 |
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