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Bill: Income tax proposal of August 4532
Details
Submitted by[?]: Social Democratic Party
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: April 4533
Description[?]:
| The Social Democratic 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 |
| > 1,000 LPD | 10% | 2,817,000,000 LPD |
| > 1,500 LPD | 32% | 9,016,000,000 LPD |
| > 2,000 LPD | 43% | 58,933,000,000 LPD |
| > 4,500 LPD | 53% | 70,920,000,000 LPD |
| > 8,000 LPD | 70% | 31,388,000,000 LPD |
| > 10,000 LPD | 75% | 47,938,000,000 LPD |
| > 15,000 LPD | 80% | 13,597,000,000 LPD |
| > 20,000 LPD | 85% | 9,632,000,000 LPD | Total | 244,241,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 18:33:57, February 17, 2019 CET | From | Social Democratic Party | To | Debating the Income tax proposal of August 4532 |
| Message | Mr Speaker, As Chancellor and leader of the largest party within the diet, entrusted in fixing our government defecit, I herby propose the following changes and tax increases. This is the first step in fixing our economy and moving from a society that takes from the poorest and gives to the rich. Ebba Busch Thor Imperial Chancellor Chairman of the Social Democratic Party |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 249 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 351 |
| Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
| Random quote: "A son can bear with equanimity the loss of his father, but the loss of his inheritance may drive him to despair." - Niccolo Machiavelli |