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Bill: Income tax proposal of February 5208
Details
Submitted by[?]: Conservative Homeland Party 🔵
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: April 5209
Description[?]:
The Conservative Homeland 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 |
> 1,500 LPD | 10% | 13,998,000,000 LPD |
> 4,000 LPD | 14% | 12,834,000,000 LPD |
> 6,000 LPD | 18% | 12,139,000,000 LPD |
> 8,000 LPD | 20% | 15,737,000,000 LPD |
> 12,000 LPD | 25% | 14,590,000,000 LPD | Total | 69,298,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
Date | 07:06:44, November 09, 2022 CET | From | Conservative Party (Hardliners) | To | Debating the Income tax proposal of February 5208 |
Message | We agree with the proposal of the Right Honourable Chancellor of the Exchequer, but to better finance these tax cuts, we should decrease the government budget by privatizing the major state-funded institutions. The Right Hon. William Stripher, Leader of the United Party. |
Date | 15:23:14, November 09, 2022 CET | From | Luthorian People's Rally | To | Debating the Income tax proposal of February 5208 |
Message | We would like a flat tax reintroduced or significant tax cuts to be made to all brackets. |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 124 | |||||
no | Total Seats: 13 | |||||
abstain |
Total Seats: 68 |
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: "Hatred is not, and should never be considered as another form of freedom of expression." - Icarion Dadhelus, former Selucian politician |