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Bill: Income tax proposal of May 3824
Details
Submitted by[?]: Republican Conservatives
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: January 3825
Description[?]:
| The Republican Conservatives propose to adjust the government's income tax policy to better address the economic situation of the Kingdom of Lourenne. |
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 |
| > 5,000 LFR | 2% | 0 LFR |
| > 10,000 LFR | 4% | 0 LFR |
| > 20,000 LFR | 6% | 0 LFR |
| > 30,000 LFR | 6% | 0 LFR |
| > 40,000 LFR | 7% | 0 LFR |
| > 50,000 LFR | 7% | 0 LFR |
| > 60,000 LFR | 7% | 0 LFR |
| > 70,000 LFR | 8% | 0 LFR |
| > 80,000 LFR | 8% | 0 LFR |
| > 90,000 LFR | 8% | 0 LFR |
| > 100,000 LFR | 9% | 0 LFR |
| > 250,000 LFR | 11% | 0 LFR |
| > 500,000 LFR | 12% | 0 LFR |
| > 750,000 LFR | 15% | 0 LFR |
| > 1,000,000 LFR | 20% | 0 LFR | Total | 0 LFR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 750 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Head to the "Language assistance" thread to receive and offer help with translations: http://forum.particracy.net/viewtopic.php?f=5&t=6368 |
| Random quote: "The main problem of the left is that it has been traditionally divided and unable to reach agreements between different leftist views, whilst the right has almost always moved in the same direction by giving concessions to different rightist points of view." - Aelius Celer, former Selucian politician |