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Bill: Universal 1/3rd Income Tax
Details
Submitted by[?]: Holy Luthori Church ⚔️
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 4738
Description[?]:
| The Luthorian People should all pay the same portion of their income, and they should KEEP the majority of their money. The 50%+ taxes only serve to kill business and free enterprise, as there is not motivation to outperform, and then have majority of money stolen. |
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 | 33% | 90,184,000,000 LPD |
| > 5,000 LPD | 35% | 54,408,000,000 LPD |
| > 10,000 LPD | 40% | 36,928,000,000 LPD | Total | 181,520,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 23:39:01, April 07, 2020 CET | From | Holy Luthori Church ⚔️ | To | Debating the Universal 1/3rd Income Tax |
| Message | Mr.Speaker, Only COMMUNISTS would favour 70% taxes on our people. |
| Date | 23:51:09, April 07, 2020 CET | From | White Rose | To | Debating the Universal 1/3rd Income Tax |
| Message | Mr Speaker, The HLC have always been economically incompetent. |
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Voting
| Vote | Seats | |||||||
| yes | Total Seats: 0 | |||||||
| no |
Total Seats: 150 | |||||||
| abstain | Total Seats: 0 |
| Random fact: If your "Bills under debate" section is cluttered up with old bills created by inactive parties, report them for deletion on the Bill Clearouts Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: “The people's war isn't just a war of destruction, it is also a war of construction. We will build new facilities, new hospitals, new farms. We will seek to improve the lives of the people around us. This struggle will be as costly as the struggle against the bourgeois army, and indeed will be even more damaging to the enemy.” - Comrade X, former Hulstrian politician |