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Bill: Income tax proposal of March 4946
Details
Submitted by[?]: Conservative Party
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: November 4946
Description[?]:
The Ord 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% | 1,692,000,000 LPD |
> 1,000 LPD | 17% | 14,394,000,000 LPD |
> 2,500 LPD | 27% | 57,565,000,000 LPD |
> 7,000 LPD | 48% | 35,951,000,000 LPD |
> 10,000 LPD | 52% | 33,302,000,000 LPD |
> 15,000 LPD | 57% | 16,208,000,000 LPD | Total | 159,112,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
Date | 20:51:26, June 02, 2021 CET | From | Conservative Party | To | Debating the Income tax proposal of March 4946 |
Message | Mr. Speaker, The latest figures shows that Luthori is running a deficit; we have proposed a two-point rise on the two highest tax brackets to solve this. Tommy Brewer Prime Minister |
Date | 01:54:57, June 03, 2021 CET | From | Ducal Delegation | To | Debating the Income tax proposal of March 4946 |
Message | Mr. Speaker, His Grace feels most strongly that he and his family pay far too much tax already, and that the achievements of his ancestors should not be wiped out in order to fund further wasteful public projects. Cedric Poots MD Private Political Secretary to the Duke of Middenridding |
Date | 02:02:50, June 03, 2021 CET | From | Country Party of Luthori | To | Debating the Income tax proposal of March 4946 |
Message | Mr. Speaker, The Duke is a rich old man that has gotten his money through inheritance and illegitimate means, he can shut up and accept that the hard workers are getting their money back. Jackson Brumby, Leader of the Country Party |
Date | 02:05:52, June 03, 2021 CET | From | Conservative Party | To | Debating the Income tax proposal of March 4946 |
Message | Mr. Speaker, We should try to be more courteous towards one another. There are standards to maintain in this chamber, after all. Tommy Brewer Prime Minister |
Date | 02:08:10, June 03, 2021 CET | From | Ducal Delegation | To | Debating the Income tax proposal of March 4946 |
Message | Mr. Speaker, His Grace works very hard every day on the administration of his estates, in fact he is probably one of the hardest working people in the country. Also, His Grace wishes me to emphasise to the Honourable Gentlemen that his family were assigned their lands under a series of ancient and well-respected Royal Charters, and one cannot get any more legitimate than that. Cedric Poots MD Private Political Secretary to the Duke of Middenridding |
Date | 09:10:55, June 03, 2021 CET | From | National Movement | To | Debating the Income tax proposal of March 4946 |
Message | Mr. Speaker, This new government means more taxes, more taxes, and more taxes! Not only can members of this coalition propose laws without insulting each other during the debate, but hard-working people now have to pay more taxes. Stop the theft! Edward of Hurrington, MP. |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 95 | |||||
no | Total Seats: 34 | |||||
abstain | Total Seats: 21 |
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