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Bill: Income tax proposal of October 4292
Details
Submitted by[?]: Bawrai 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: June 4293
Description[?]:
| The Bawrai Party propose to adjust the government's income tax policy to better address the economic situation of the The United Federal Republic of Great Luthori. |
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 | 27% | 15,228,000,000 LPD |
| > 2,000 LPD | 38% | 21,432,000,000 LPD |
| > 3,000 LPD | 38% | 39,574,000,000 LPD |
| > 5,000 LPD | 48% | 38,714,000,000 LPD |
| > 7,000 LPD | 58% | 43,384,000,000 LPD |
| > 10,000 LPD | 78% | 63,158,000,000 LPD |
| > 20,000 LPD | 88% | 9,942,000,000 LPD |
| > 30,000 LPD | 98% | 50,000,000 LPD | Total | 231,482,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 438 | ||||
| no |
Total Seats: 253 | ||||
| abstain |
Total Seats: 59 |
| Random fact: Zardugal is a nation based on the old Byzantine Empire, with a modern twist and the Esperanto language. Zardugal is located on the continent of Majatra. |
| Random quote: "Impossible is a word to be found only in the dictionary of fools." - Napoleon Bonaparte |