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Bill: Income tax proposal of September 5058
Details
Submitted by[?]: Conservative Party (Hardliners)
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 5059
Description[?]:
| The National-Democratic 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 |
| > 2,500 LPD | 25% | 33,020,000,000 LPD |
| > 5,000 LPD | 35% | 43,039,000,000 LPD |
| > 8,500 LPD | 50% | 16,096,000,000 LPD |
| > 10,000 LPD | 65% | 52,495,000,000 LPD |
| > 20,000 LPD | 80% | 9,045,000,000 LPD | Total | 153,695,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 62 | ||||
| no |
Total Seats: 74 | ||||
| abstain | Total Seats: 14 |
| Random fact: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
| Random quote: "If the Third World War is fought with nuclear weapons, the fourth will be fought with bows and arrows." - Louis Mountbatten |