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Bill: Income tax proposal of October 4316
Details
Submitted by[?]: White Rose
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 4317
Description[?]:
| The Royal Conservative 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 |
| > 50 LPD | 30% | 7,625,000,000 LPD |
| > 500 LPD | 32% | 9,037,000,000 LPD |
| > 1,000 LPD | 35% | 19,769,000,000 LPD |
| > 2,000 LPD | 37% | 20,899,000,000 LPD |
| > 3,000 LPD | 40% | 41,720,000,000 LPD |
| > 5,000 LPD | 42% | 40,650,000,000 LPD |
| > 7,500 LPD | 45% | 26,511,000,000 LPD |
| > 10,000 LPD | 47% | 15,947,000,000 LPD |
| > 12,000 LPD | 50% | 15,079,000,000 LPD |
| > 15,000 LPD | 55% | 9,380,000,000 LPD |
| > 20,000 LPD | 60% | 3,851,000,000 LPD |
| > 25,000 LPD | 65% | 3,243,000,000 LPD | Total | 213,711,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 19:27:30, December 12, 2017 CET | From |  Social Democratic Union (UF) | To | Debating the Income tax proposal of October 4316 |
| Message | Mr. Speaker, Tax cuts for the higher end of the income scale while for those earning >1,000 there is an increase of up to 3%-8%. In contrast, the >20,000 category will receive a tax cut of 28%. RCP have the wrong priorities and only care about the wealthy. Chester Greerson MID, General Secretary of the Communist Party of Luthori |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 67 | ||||
| no | Total Seats: 22 | ||||
| abstain |
Total Seats: 38 |
| Random fact: Cultural Protocols should generally be reflective of RP conducted within the nation and should not significantly alter or modify the ethnic, religious or linguistic composition without considerable and reasonable role-play or other justification. |
| Random quote: "The 20th century has been characterised by three developments of great political importance: the growth of democracy, the growth of corporate power; and the growth of corporate propaganda against democracy." - Alex Carey |