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Bill: Income tax proposal of August 4964
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: April 4965
Description[?]:
| The Alliance 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% | 1,693,000,000 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 | 52% | 48,119,000,000 LPD | Total | 157,784,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 117 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 33 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "Hence it comes about that all armed Prophets have been victorious, and all unarmed Prophets have been destroyed." - Niccolo Machiavelli |