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Bill: Income tax proposal of June 5049
Details
Submitted by[?]: Liberal 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: February 5050
Description[?]:
| Following the Budget Proposal my ministry submitted, we can now cut taxes for everyone! |
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 | 19% | 38,744,000,000 LPD |
| > 6,000 LPD | 27% | 30,385,000,000 LPD |
| > 10,000 LPD | 38% | 35,164,000,000 LPD | Total | 104,293,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes | Total Seats: 61 | ||||
| no | Total Seats: 11 | ||||
| abstain |
Total Seats: 78 |
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