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Bill: Income tax proposal of January 3769
Details
Submitted by[?]: Green and Pleasant Land 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: September 3769
Description[?]:
| The Watermelon Party propose to adjust the government's income tax policy to better address the economic situation of the Luthorian Commonwealth. |
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 |
| > 3,500 LPD | 25% | 39,188,000,000 LPD |
| > 7,000 LPD | 33% | 27,918,000,000 LPD |
| > 10,500 LPD | 41% | 18,848,000,000 LPD |
| > 14,000 LPD | 44% | 8,603,000,000 LPD |
| > 17,500 LPD | 47% | 3,620,000,000 LPD |
| > 21,000 LPD | 50% | 2,000,000,000 LPD |
| > 24,500 LPD | 53% | 2,120,000,000 LPD |
| > 28,000 LPD | 56% | 866,000,000 LPD | Total | 103,163,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 250 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 0 |
| Random fact: The voters enjoy active parties who take upon themselves the initiative to create laws. |
| Random quote: "He who will not economize will have to agonize." - Confucius |