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Bill: Income tax proposal of November 4151
Details
Submitted by[?]: Luthorian Workers Party
Status[?]: defeated
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: July 4152
Description[?]:
The Luthorian Workers 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 |
> 200 LPD | 5% | 564,000,000 LPD |
> 400 LPD | 10% | 1,129,000,000 LPD |
> 600 LPD | 12% | 1,355,000,000 LPD |
> 800 LPD | 15% | 1,693,000,000 LPD |
> 1,000 LPD | 23% | 3,245,000,000 LPD |
> 1,250 LPD | 30% | 12,699,000,000 LPD |
> 2,000 LPD | 37% | 20,883,000,000 LPD |
> 3,000 LPD | 45% | 46,899,000,000 LPD |
> 5,000 LPD | 50% | 124,042,000,000 LPD | Total | 212,509,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
Date | 20:25:02, January 16, 2017 CET | From | national capitalists | To | Debating the Income tax proposal of November 4151 |
Message | Mr speaker, to tax anyone, rich or poor, fifty percent is insane. But then again, its a good tactic on scaring away the rich you hate so much. I yield George Ellwood |
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Voting
Vote | Seats | ||||
yes | Total Seats: 314 | ||||
no |
Total Seats: 262 | ||||
abstain |
Total Seats: 74 |
Random fact: Real-life organisations should not be referenced in Particracy, unless they are simple and generic (eg. "National Organisation for Women" is allowed). |
Random quote: "It is double pleasure to deceive the deceiver." - Niccolo Machiavelli |