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Bill: Income tax proposal of August 5014
Details
Submitted by[?]: Liberal 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 5015
Description[?]:
In order to support a White Rose government, the Liberal Party wants to remove all tax brackets over 50%. "We should not be a communist regime anymore" said Eva Longham. |
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 |
> 2,000 LPD | 20% | 54,126,000,000 LPD |
> 8,000 LPD | 40% | 17,921,000,000 LPD |
> 10,000 LPD | 50% | 46,047,000,000 LPD | Total | 118,094,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||
yes |
Total Seats: 151 | |||
no |
Total Seats: 55 | |||
abstain | Total Seats: 94 |
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