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Bill: Income tax proposal of September 4940
Details
Submitted by[?]: Luthorian Conservative 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: May 4941
Description[?]:
| The Luthorian Conservative Party 🔵 propose to adjust the government's income tax policy to better address the economic situation of the Holy Luthorian Empire (Luthori). |
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% | 1,687,000,000 LPD |
| > 1,000 LPD | 15% | 12,663,000,000 LPD |
| > 2,500 LPD | 30% | 63,770,000,000 LPD |
| > 7,000 LPD | 35% | 26,128,000,000 LPD |
| > 10,000 LPD | 45% | 28,713,000,000 LPD |
| > 15,000 LPD | 50% | 14,129,000,000 LPD | Total | 147,090,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 22:00:40, May 22, 2021 CET | From | Conservative Party | To | Debating the Income tax proposal of September 4940 |
| Message | Mr. Speaker, The proposed changes from the Conservatives would raise taxes for working-class Luthorians; this government has committed to removing the excessive 58% tax bracket, and we will go ahead with that. Tommy Brewer MID Prime Minister |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 25 | |||||
| no |
Total Seats: 104 | |||||
| abstain | Total Seats: 21 |
| Random fact: You can view helpful ideological statistics about the regions in your nation on the region pages. You can also view detailed political opinions and the importance of them there as well. |
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