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Bill: Blue Coalition Minority Government Bill: Taxation Polices
Details
Submitted by[?]: Luthorian Conservative 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 not pass any sooner than the deadline.
Voting deadline: May 5218
Description[?]:
| The Luthorian Conservative 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
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 18
Proposed: 5
Article 2
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% | 14,024,000,000 LPD |
| > 4,000 LPD | 14% | 12,860,000,000 LPD |
| > 6,000 LPD | 18% | 12,165,000,000 LPD |
| > 8,000 LPD | 20% | 15,775,000,000 LPD |
| > 12,000 LPD | 25% | 14,651,000,000 LPD | Total | 69,475,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||||||
| yes |
Total Seats: 201 | ||||||||
| no |
Total Seats: 99 | ||||||||
| abstain | Total Seats: 0 |
| Random fact: The people in your nation don't like inactive parties. When you often abstain from voting for a bill, they will dislike your party and your visibility to the electorate will decrease significantly. Low visibility will means you are likely to lose seats. So keep in mind: voting Yes or No is always better than Abstaining. |
| Random quote: "More Medicament Manufacture take the profits, workers take the factory" - Boros Norbert, former Endralonian businessman |