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Bill: Income tax proposal of June 4529
Details
Submitted by[?]: Socialist Workers' 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: February 4530
Description[?]:
| The Left Coalition proposes 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 | 10% | 2,824,000,000 LPD |
| > 2,000 LPD | 25% | 40,186,000,000 LPD |
| > 5,000 LPD | 40% | 38,703,000,000 LPD |
| > 7,500 LPD | 50% | 29,444,000,000 LPD |
| > 10,000 LPD | 70% | 44,833,000,000 LPD |
| > 15,000 LPD | 75% | 12,776,000,000 LPD |
| > 20,000 LPD | 80% | 9,116,000,000 LPD | Total | 177,882,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes | Total Seats: 350 | |||
| no |
Total Seats: 250 | |||
| abstain | Total Seats: 0 |
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