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Bill: Income tax proposal of June 4266
Details
Submitted by[?]: Luthori Imperialist 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: March 4267
Description[?]:
| The Luthori Imperialist 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 |
| > 1,500 LPD | 27% | 7,618,000,000 LPD |
| > 2,000 LPD | 38% | 42,541,000,000 LPD |
| > 4,000 LPD | 44% | 21,422,000,000 LPD |
| > 5,000 LPD | 48% | 38,742,000,000 LPD |
| > 7,000 LPD | 49% | 81,972,000,000 LPD | Total | 192,295,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 04:01:08, September 03, 2017 CET | From | Luthori Imperialist Party | To | Debating the Income tax proposal of June 4266 |
| Message | Mr. Speaker The financial well-being of the nation continues. This revised tax bill eliminates the top tax tier and further reduces the lowest tax bracket. I yield |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 242 | |||
| no |
Total Seats: 135 | |||
| abstain | Total Seats: 0 |
| Random fact: The grey space in the east is populated by the forum-based countries, known in-game as the former colonies or the "Third World". These countries are managed by the Third World Coordinator but players can request control of individual countries in the Third World Control Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=8302 |
| Random quote: "Most politicians hold their fingers to the wind, and if we win we'll be showing them a lot of wind." - Ralph Nader |