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Bill: Income tax proposal of March 4432
Details
Submitted by[?]: Trade Union and Socialist Coalition
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: November 4432
Description[?]:
| The Trade Union and Socialist Coalition 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 |
| > 500 LPD | 21% | 8,897,000,000 LPD |
| > 1,250 LPD | 29% | 12,286,000,000 LPD |
| > 2,000 LPD | 40% | 44,823,000,000 LPD |
| > 4,000 LPD | 47% | 22,906,000,000 LPD |
| > 5,000 LPD | 52% | 22,440,000,000 LPD |
| > 6,000 LPD | 65% | 43,939,000,000 LPD |
| > 8,000 LPD | 71% | 24,645,000,000 LPD |
| > 9,500 LPD | 76% | 21,738,000,000 LPD |
| > 11,000 LPD | 82% | 26,867,000,000 LPD |
| > 13,500 LPD | 88% | 36,454,000,000 LPD | Total | 264,995,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||||
| yes |
Total Seats: 330 | |||||||
| no |
Total Seats: 32 | |||||||
| abstain | Total Seats: 83 |
| Random fact: If your "Bills under debate" section is cluttered up with old bills created by inactive parties, report them for deletion on the Bill Clearouts Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "Communism: liberation of the people from the burdens of liberty." - Rick Bayan |