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Bill: Income tax proposal of January 3840
Details
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 3840
Description[?]:
| The Arch Party propose to adjust the government's income tax policy to better address the economic situation of the Holy Luthori Empire. |
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 |
| > 1,000 LPD | 1% | 564,000,000 LPD |
| > 2,000 LPD | 1% | 564,000,000 LPD |
| > 3,000 LPD | 1% | 555,000,000 LPD |
| > 4,000 LPD | 2% | 3,187,000,000 LPD |
| > 8,000 LPD | 2% | 898,000,000 LPD |
| > 10,000 LPD | 2% | 1,621,000,000 LPD |
| > 20,000 LPD | 3% | 340,000,000 LPD |
| > 30,000 LPD | 3% | 2,000,000 LPD | Total | 7,731,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 21:28:00, May 02, 2015 CET | From | Forward | To | Debating the Income tax proposal of January 3840 |
| Message | Mr Speaker, We here at Arch believe this is the best thing for the nation's economic situation . With this extra money we can spend it on services which will greatly benefit Holy Luthori Empire. This bill brings an extra 7.7bn in, which we can use to make people's lives better. I yield Ellie Jones Arch's candidate for Finance |
| Date | 21:42:22, May 02, 2015 CET | From | Choice | To | Debating the Income tax proposal of January 3840 |
| Message | Well, we do need an increase in revenue. So we shall vote yes. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 204 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 146 |
| Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
| Random quote: "Men who have greatness in them don't go in for politics." - Albert Camus |