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Bill: Income tax proposal of November 5125 - Government Program
Details
Submitted by[?]: Course of Freedom (Kellins faction)
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: July 5126
Description[?]:
| This is the tax cut we promised! |
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 | 12% | 32,565,000,000 LPD |
| > 8,000 LPD | 26% | 11,684,000,000 LPD |
| > 10,000 LPD | 31% | 10,514,000,000 LPD |
| > 12,000 LPD | 38% | 22,255,000,000 LPD | Total | 77,018,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 15:29:41, May 28, 2022 CET | From | Humperdinck Conservatives Group✌️ | To | Debating the Income tax proposal of November 5125 - Government Program |
| Message | Mr. Speaker, For the first time in decades we will have another budget crisis in our hands. A 20bn surprise per annum for our future generations. Thus Fascist government doesn't care about the Empire's future. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 176 | ||||
| no | Total Seats: 52 | ||||
| abstain |
Total Seats: 72 |
| 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: "Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius, and a lot of courage, to move in the opposite direction." - Albert Einstein |