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Bill: Income tax proposal of February 5270
Details
Submitted by[?]: Liberal Socialist Party 🌷 (LSP)
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: October 5270
Description[?]:
| The Aschington I government propose to adjust the government's income tax policy to better address the economic situation of the Holy Luthorian Empire (Luthori), and to fund the spending proposal. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 7
Current: 20
Proposed: 20
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 |
| > 5,000 LPD | 22% | 21,245,000,000 LPD |
| > 7,500 LPD | 33% | 19,391,000,000 LPD |
| > 10,000 LPD | 50% | 20,271,000,000 LPD |
| > 12,500 LPD | 65% | 33,578,000,000 LPD | Total | 94,485,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||||
| yes |
Total Seats: 329 | ||||||
| no |
Total Seats: 321 | ||||||
| abstain | Total Seats: 0 |
| Random fact: It is not allowed to call more than 5 elections in 5 game years in a nation. The default sanction for a player persisting in the early election tactic will be a seat reset. |
| Random quote: "Men are so simple and so much inclined to obey immediate needs that a deceiver will never lack victims for his deceptions." - Niccolo Machiavelli |