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Bill: Shadow Budget 4467 - Taxation Proposals
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 not pass any sooner than the deadline.
Voting deadline: April 4468
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
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 5
Current: 20
Proposed: 15
Article 2
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 | 16% | 16,258,000,000 LPD |
| > 2,000 LPD | 27% | 27,384,000,000 LPD |
| > 3,800 LPD | 43% | 44,031,000,000 LPD |
| > 6,000 LPD | 68% | 62,305,000,000 LPD |
| > 9,000 LPD | 81% | 41,283,000,000 LPD |
| > 11,750 LPD | 90% | 56,162,000,000 LPD | Total | 247,423,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 296 | ||||
| no |
Total Seats: 29 | ||||
| abstain |
Total Seats: 120 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "The main problem of the left is that it has been traditionally divided and unable to reach agreements between different leftist views, whilst the right has almost always moved in the same direction by giving concessions to different rightist points of view." - Aelius Celer, former Selucian politician |