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Bill: Income tax proposal of June 4538
Details
Submitted by[?]: White Rose
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 4539
Description[?]:
| The White Rose 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 LPD | 10% | 5,640,000,000 LPD |
| > 1,000 LPD | 20% | 22,584,000,000 LPD |
| > 3,000 LPD | 25% | 26,063,000,000 LPD |
| > 5,000 LPD | 30% | 29,027,000,000 LPD |
| > 7,500 LPD | 35% | 20,613,000,000 LPD |
| > 10,000 LPD | 40% | 16,256,000,000 LPD |
| > 12,500 LPD | 50% | 11,717,000,000 LPD |
| > 15,000 LPD | 60% | 6,706,000,000 LPD |
| > 17,500 LPD | 70% | 4,111,000,000 LPD |
| > 20,000 LPD | 80% | 9,104,000,000 LPD | Total | 151,821,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 13:20:12, March 01, 2019 CET | From | Luthorian Democratic Union | To | Debating the Income tax proposal of June 4538 |
| Message | No |
| Date | 13:47:16, March 01, 2019 CET | From | White Rose | To | Debating the Income tax proposal of June 4538 |
| Message | Mr Speaker, We will proceed with a tax cut for millions. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 506 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 94 |
| Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
| Random quote: "If sunbeams were weapons of war, we would have had solar energy centuries ago." - George Porter |