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Bill: Income tax proposal of February 5098
Details
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: October 5098
Description[?]:
| The LFMA 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 |
| > 2,000 LPD | 20% | 54,182,000,000 LPD |
| > 8,000 LPD | 40% | 17,937,000,000 LPD |
| > 10,000 LPD | 50% | 16,921,000,000 LPD |
| > 12,000 LPD | 60% | 13,027,000,000 LPD |
| > 14,000 LPD | 70% | 9,660,000,000 LPD |
| > 16,000 LPD | 80% | 18,278,000,000 LPD | Total | 130,005,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 18:24:05, April 02, 2022 CET | From | LFMA | To | Debating the Income tax proposal of February 5098 |
| Message | Our budget has been destroyed by Progressive idiocy. |
| Date | 18:30:53, April 02, 2022 CET | From | Conservative Party (Hardliners) | To | Debating the Income tax proposal of February 5098 |
| Message | We will vote NO, because the Luthorian people welcome our tax reforms, that's why we won the 5097 Elections and not the LFMA. |
| Date | 18:45:38, April 02, 2022 CET | From | Humperdinck Conservatives Group✌️ | To | Debating the Income tax proposal of February 5098 |
| Message | Mr. Speaker, We are not against deficit spending since our Empire had decades of surplus. Yet our current deficit spending is not by spending and stimulus but by cutting taxes and that is wrong. We are in favour of a whole new tax and spending overhaul once we are in government. |
| Date | 19:55:03, April 02, 2022 CET | From | Luthorian People's Rally | To | Debating the Income tax proposal of February 5098 |
| Message | Mr. Speaker, This is absolutely egregious behaviour by the LFMA. They do not sit in government nor do they have any mandate by Luthorians to propose income tax budgets in this prestigious diet. Oswald Black Leader of the RFE |
| Date | 20:43:31, April 02, 2022 CET | From | LFMA | To | Debating the Income tax proposal of February 5098 |
| Message | Exactly how many mineworkers do the Progressives think there are in this country? That they consider winning more votes than us - hardly the elections, seeing as they couldn't even manage 30% - an achievement is a sad statement indeed. |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 14 | ||||||
| no |
Total Seats: 265 | ||||||
| abstain |
Total Seats: 21 |
| Random fact: Culturally Open nations can adopt advisory/non-enforceable Nation Descriptions. See http://forum.particracy.net/viewtopic.php?f=5&t=6242 |
| Random quote: "The difference between a republic and a people's republic is a lot like the difference between a jacket and a straightjacket." - Ronald Reagan |