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Bill: Income tax proposal of June 4380
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: July 4381
Description[?]:
The White Rose (IA) - R 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 | 30% | 8,452,000,000 LPD |
> 2,000 LPD | 45% | 25,357,000,000 LPD |
> 3,000 LPD | 50% | 40,353,000,000 LPD |
> 4,500 LPD | 55% | 12,838,000,000 LPD |
> 5,000 LPD | 60% | 25,825,000,000 LPD |
> 6,000 LPD | 65% | 24,401,000,000 LPD |
> 7,000 LPD | 70% | 116,882,000,000 LPD | Total | 254,108,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
Date | 01:59:15, April 19, 2018 CET | From | White Rose | To | Debating the Income tax proposal of June 4380 |
Message | Mr Speaker, A small tax cut for the middle earners who take home between £5000 and £5999 whilst maintaining the budget surplus we have held for decades. Frederick Stinson Deputy Leader of the Royalists |
Date | 02:44:09, April 19, 2018 CET | From | Moralist Party | To | Debating the Income tax proposal of June 4380 |
Message | Mr. Speaker, The Moralist Party shall support this proposal. Luke Schiltz Party Chairman, Moralist Party |
Date | 22:43:41, April 19, 2018 CET | From | Hosian Democratic Union | To | Debating the Income tax proposal of June 4380 |
Message | Mr. Speaker, The HDU shall support this proposal as well |
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Voting
Vote | Seats | |||
yes |
Total Seats: 514 | |||
no | Total Seats: 0 | |||
abstain |
Total Seats: 151 |
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