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Bill: Income tax proposal of April 4492
Details
Submitted by[?]: Imperial Party
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: December 4492
Description[?]:
| The Restoration Party 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 |
| > 200 LPD | 15% | 15,251,000,000 LPD |
| > 2,000 LPD | 40% | 54,957,000,000 LPD |
| > 4,500 LPD | 50% | 43,106,000,000 LPD |
| > 6,500 LPD | 65% | 46,819,000,000 LPD |
| > 9,000 LPD | 80% | 31,381,000,000 LPD |
| > 11,000 LPD | 85% | 38,871,000,000 LPD |
| > 15,000 LPD | 90% | 25,612,000,000 LPD | Total | 255,997,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 351 | ||||
| no |
Total Seats: 103 | ||||
| abstain |
Total Seats: 146 |
| Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
| Random quote: "Benefits should be conferred gradually; and in that way they will taste better." - Niccolo Machiavelli |