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Bill: Shadow Tax proposal 4481
Details
Submitted by[?]: Trade Union and Socialist Coalition
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: October 4482
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 |
| > 400 LPD | 16% | 14,466,000,000 LPD |
| > 2,000 LPD | 27% | 27,410,000,000 LPD |
| > 3,800 LPD | 42% | 43,047,000,000 LPD |
| > 6,000 LPD | 65% | 52,174,000,000 LPD |
| > 8,500 LPD | 79% | 49,340,000,000 LPD |
| > 11,750 LPD | 89% | 55,579,000,000 LPD | Total | 242,016,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 00:40:15, November 02, 2018 CET | From | Hosian Democratic Union | To | Debating the Shadow Tax proposal 4481 |
| Message | Mr. Speaker, No, this is a dangerous cut to our national defense program funding. |
| Date | 00:40:29, November 02, 2018 CET | From | Hosian Democratic Union | To | Debating the Shadow Tax proposal 4481 |
| Message | -Duke William Handson, HIU Chairman. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 115 | |||
| no |
Total Seats: 259 | |||
| abstain | Total Seats: 71 |
| Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
| Random quote: "Sometimes democracy must be bathed in blood." - Augusto Pinochet |