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Bill: OOC/RP: Proposed Luthorian economic stats 4918
Details
Submitted by[?]: Conservative Party
Status[?]: passed
Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: December 4918
Description[?]:
Value of the Luthorian Pound set at 1980 British pound: £1 (LPD) = £3.90 in 2017 see https://www.nationalarchives.gov.uk/currency-converter/ in 2017 pounds: GDP: £1,727,018,374,891 3% tax bracket begins: £3.90 17% tax bracket begins: £3,904 27% tax bracket begins: £9,761 48% tax bracket begins: £27,331 50% tax bracket begins: £39,045 55% tax bracket begins: £58,567 58% tax bracket begins: £78,090 Gov. revenue: £671,804,234,457 Gov. spending: £667,728,067,500 PM's Office: £58,567,500 Foreign Office: £11,713,500,000 Home Office: £19,522,500,000 Exchequer: £11,713,500,000 Defence: £175,702,500,000 Justice: £11,713,500,000 Infrastructure: £46,854,000,000 Health & Social Services: £214,747,500,000 Education & Culture: £78,090,000,000 ADDITIONAL CONSIDERATIONS: In terms of its land area Luthori is more comparable to Iran or Mongolia than a western European country, being around twelve times the size of England (not the UK). Its population is currently 140 million, which would give Luthori a GDP (nominal) per capita of around £12,000. Keep in mind that this is all *proposed*, not set in stone yet. Please give feedback in the debate comments section and indicate preliminary approval (or disapproval) with your vote. |
Proposals
Debate
These messages have been posted to debate on this bill:
Date | 13:10:40, April 06, 2021 CET | From | Conservative Party | To | Debating the OOC/RP: Proposed Luthorian economic stats 4918 |
Message | OOC: Following input from Vesica, 1970 British pound values will be replaced with 1980 British pound values. (£1 = £3.90, previously £14.08). Original bill text for reference: Value of the Luthorian Pound set at 1970 British pound: £1 (LPD) = £14.08 in 2017 see https://www.nationalarchives.gov.uk/currency-converter/ for price conversion The Luthorian Pound is non-decimal. There are 12 pence in a shilling and 20 shillings (240 pence) in a pound in 2017 pounds: GDP: £6,233,276,859,863 17% tax bracket begins: £14,083 27% tax bracket begins: £35,209 48% tax bracket begins: £98,585 50% tax bracket begins: £140,836 55% tax bracket begins: £211,254 58% tax bracket begins: £281,672 Gov. revenue: £2,425,929,827,057 Gov. spending: £2,408,506,854,000 PM's Office: £211,254,000 Foreign Office: £42,250,800,000 Home Office: £70,418,000,000 Exchequer: £42,250,800,000 Defence: £633,762,000,000 Justice: £42,250,800,000 Infrastructure: £169,003,200,000 Health & Social Services: £774,598,000,000 Education & Culture: £281,672,000,000 |
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Voting
Vote | Seats | ||||||
yes |
Total Seats: 122 | ||||||
no | Total Seats: 0 | ||||||
abstain | Total Seats: 28 |
Random fact: Moderation will not approve a Cultural Protocol request within the first 48 hours of it being requested. This is in order to give other players a chance to query the proposed changes, if they wish to do so. Moderation may be approached for advice on a proposed change, but any advice proffered should always be understood under the provisio that no final decision will be made until at least 48 hours after the request has been formally submitted for approval. |
Random quote: "Education: the inculcation of the incomprehensible into the indifferent by the incompetent." - John Maynard Keynes |