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Bill: Income tax proposal of May 4344
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: January 4345
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 |
| > 200 LPD | 30% | 5,084,000,000 LPD |
| > 500 LPD | 32% | 5,423,000,000 LPD |
| > 800 LPD | 35% | 3,954,000,000 LPD |
| > 1,000 LPD | 37% | 20,900,000,000 LPD |
| > 2,000 LPD | 40% | 22,595,000,000 LPD |
| > 3,000 LPD | 42% | 23,340,000,000 LPD |
| > 4,000 LPD | 45% | 21,932,000,000 LPD |
| > 5,000 LPD | 47% | 45,495,000,000 LPD |
| > 7,500 LPD | 50% | 29,461,000,000 LPD |
| > 10,000 LPD | 55% | 35,243,000,000 LPD |
| > 15,000 LPD | 60% | 10,228,000,000 LPD |
| > 20,000 LPD | 65% | 4,173,000,000 LPD |
| > 25,000 LPD | 70% | 3,494,000,000 LPD | Total | 231,322,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 23:45:43, February 05, 2018 CET | From | White Rose | To | Debating the Income tax proposal of May 4344 |
| Message | Mr Speaker, A modest change which lifts thousands out of tax altogether from the current system and ensures those who can, pay into the system and services we provide, which include huge provisions on health, education, transport, infrastructure, food and so on. Rebecca Stinson Chancellor and Imperial Seal-Bearer Deputy Leader of the RCP |
| Date | 07:53:32, February 06, 2018 CET | From | White Rose (IA) - M | To | Debating the Income tax proposal of May 4344 |
| Message | Mr. Speaker, I am OK with raising Taxes on the rich, but we need to lower taxes on the lower and middle class, the poor are struggling when they have to pay 30% of their already low income to the government I Yield |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 372 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 293 |
| Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
| Random quote: "For among other evils caused by being disarmed, it renders you contemptible; which is one of those disgraceful things which a prince must guard against." - Niccolo Machiavelli |