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Bill: Income tax proposal of December 4349
Details
Submitted by[?]: White Rose (IA) - M
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: August 4350
Description[?]:
| Mr. Speaker, We have a 10 Trillion Dollar surplus currently. Why don´t we use that surplus to reduce the income tax burden on the Luthori People especially the poor and lower middle class. |
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 | 20% | 3,385,000,000 LPD |
| > 500 LPD | 25% | 4,231,000,000 LPD |
| > 800 LPD | 30% | 3,385,000,000 LPD |
| > 1,000 LPD | 33% | 18,615,000,000 LPD |
| > 2,000 LPD | 36% | 20,307,000,000 LPD |
| > 3,000 LPD | 40% | 22,198,000,000 LPD |
| > 4,000 LPD | 44% | 21,413,000,000 LPD |
| > 5,000 LPD | 47% | 45,433,000,000 LPD |
| > 7,500 LPD | 50% | 29,422,000,000 LPD |
| > 10,000 LPD | 55% | 35,219,000,000 LPD |
| > 15,000 LPD | 60% | 10,232,000,000 LPD |
| > 20,000 LPD | 65% | 4,173,000,000 LPD |
| > 25,000 LPD | 70% | 3,494,000,000 LPD | Total | 221,507,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 09:02:45, February 17, 2018 CET | From | White Rose | To | Debating the Income tax proposal of December 4349 |
| Message | Mr Speaker, We should spend the 10 trillion POUNDS our people pay for us to provide security, services and standards. Rebecca Stinson Chancellor |
| Date | 21:10:07, February 17, 2018 CET | From | White Rose (IA) - M | To | Debating the Income tax proposal of December 4349 |
| Message | Mr. Speaker I would like to make a correction. We have a 10 Trillion POUND Surplus not 10 Trillion DOLLAR I Yield |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 70 | |||
| no |
Total Seats: 352 | |||
| abstain |
Total Seats: 243 |
| Random fact: In Culturally Protected nations, it is the responsibility of players to ensure the candidate boxes on their Party Overview screens are filled in with appropriate names. If a player is allotted seats in a Cabinet bill and has not filled in names for the relevant candidate position, then the program will automatically fill in the positions with names which might not necessarily be appropriate for the Cultural Protocols. |
| Random quote: "If liberty and equality, as is thought by some are chiefly to be found in democracy, they will be best attained when all persons alike share in the government to the utmost." - Aristotle |