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Bill: Income tax proposal of July 5059
Details
Submitted by[?]: Conservative Party (Hardliners)
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: August 5060
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 | 15% | 19,866,000,000 LPD |
| > 5,000 LPD | 20% | 24,661,000,000 LPD |
| > 8,500 LPD | 40% | 12,915,000,000 LPD |
| > 10,000 LPD | 45% | 28,822,000,000 LPD |
| > 15,000 LPD | 50% | 8,523,000,000 LPD |
| > 20,000 LPD | 60% | 6,839,000,000 LPD | Total | 101,626,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 12:52:39, January 16, 2022 CET | From | Conservative Party | To | Debating the Income tax proposal of July 5059 |
| Message | This government wants only to punish the successful. There's no difference between Henry Thomas and David Harper. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 98 | |||||
| no |
Total Seats: 52 | |||||
| abstain | Total Seats: 0 |
| Random fact: Don't put "the" as the first word in your party name, because when parties are referred to in news reports, their names are preceded with "the", e.g. the [Socialist Party] has lost. |
| Random quote: "Presidency, n. The greased pig in the field game of American politics." - Ambrose Bierce |