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Bill: Income tax proposal of January 4916
Details
Submitted by[?]: National Movement
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: September 4916
Description[?]:
| The National Movement propose to adjust the government's income tax policy to better address the economic situation of the Holy Luthorian Empire (Luthori). We want to remove the 58 % tax bracket. |
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 | 3% | 1,693,000,000 LPD |
| > 1,000 LPD | 17% | 14,404,000,000 LPD |
| > 2,500 LPD | 27% | 57,601,000,000 LPD |
| > 7,000 LPD | 48% | 35,967,000,000 LPD |
| > 10,000 LPD | 50% | 32,039,000,000 LPD |
| > 15,000 LPD | 55% | 15,652,000,000 LPD | Total | 157,356,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 15:09:43, April 03, 2021 CET | From | National Movement | To | Debating the Income tax proposal of January 4916 |
| Message | Mr. Speaker, We don't want Luthori to become a communist country. This bracket is useless and has almost no impact on the state budget. We need to remove it. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 54 | |||
| no | Total Seats: 44 | |||
| abstain | Total Seats: 52 |
| Random fact: In cases where a party has no seat, the default presumption should be that the party is able to contribute to debates in the legislature due to one of its members winning a seat at a by-election. However, players may collectively improvise arrangements of their own to provide a satisfying explanation for how parties with no seats in the legislature can speak and vote there. |
| Random quote: "When anger rises, think of the consequences." - Confucius |