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Bill: CA-BC Tax Reforms
Details
Submitted by[?]: Centrist Alliance
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: July 4133
Description[?]:
| The Capitalist Alliance - Blue Crown propose to adjust the government's income tax policy to better address the economic situation of the Holy Luthori Empire. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 21
Proposed: 14
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 20
Proposed: 14
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 |
| > 800 LPD | 5% | 1,975,000,000 LPD |
| > 1,500 LPD | 15% | 12,696,000,000 LPD |
| > 3,000 LPD | 25% | 13,878,000,000 LPD |
| > 4,000 LPD | 35% | 55,765,000,000 LPD |
| > 8,000 LPD | 40% | 43,578,000,000 LPD |
| > 15,000 LPD | 45% | 5,636,000,000 LPD |
| > 18,000 LPD | 50% | 7,956,000,000 LPD | Total | 141,484,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 20:22:30, November 30, 2016 CET | From |  Centrist Alliance | To | Debating the CA-BC Tax Reforms |
| Message | OOC: With exams and stuff I won't be able to get this sorted but I'll be working on it over the next week or two :) |
| Date | 01:03:29, December 01, 2016 CET | From | National Party of Luthori | To | Debating the CA-BC Tax Reforms |
| Message | OOC: Good luck with your exams. |
| Date | 08:27:21, December 01, 2016 CET | From | Centrist Alliance | To | Debating the CA-BC Tax Reforms |
| Message | OOC: thanks :D |
| Date | 19:42:35, December 03, 2016 CET | From | Centrist Alliance | To | Debating the CA-BC Tax Reforms |
| Message | Mr Speaker, Today I announce my economic plan for Luthori - we will boost the economic outlook by firstly simplifying our tax system and secondly by reducing taxes. We are willing to look at possibly introducing a very small essentials good tax or raising luxury goods or corporation tax if our fellow government members cannot support such reductions in expenditure. Ethan Johnston Luthori Chancellor CA-BC MP |
| Date | 22:15:08, December 03, 2016 CET | From | Centrist Alliance | To | Debating the CA-BC Tax Reforms |
| Message | OOC: See spending reform here - http://classic.particracy.net/viewbill.php?billid=494495 |
| Date | 00:50:00, December 04, 2016 CET | From | Hosian Party | To | Debating the CA-BC Tax Reforms |
| Message | Mr Speaker, We cannot support this as we believe 50% is a significant marker we do not wish to approach. If the legislation was amended to remove the 50% tax bracket, we would support this legislation. |
| Date | 19:45:17, December 09, 2016 CET | From | Centrist Alliance | To | Debating the CA-BC Tax Reforms |
| Message | Mr Speaker, The Hosians Party surely doesn't understand the tax proposal. It decreases taxes on everyone with lower brackets. They should rethink their vote very carefully. Ethan Johnston CA-BC Speaker |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 246 | |||||
| no | Total Seats: 177 | |||||
| abstain |
Total Seats: 242 |
| Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
| Random quote: "We pursue no other aim than freedom from oppression, liberty from lies, salvation from irrationality!" - Julius Callus, former Davostani politician |