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Bill: Income tax proposal of February 5405
Details
Submitted by[?]: Partie Nationale
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: October 5405
Description[?]:
| The Partie Nationale propose to adjust the government's income tax policy to better address the economic situation of the Royaume Uni de Lourenne (Lourenne). |
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 |
| > 10,000 LFR | 3% | 0 LFR |
| > 20,000 LFR | 6% | 0 LFR |
| > 30,000 LFR | 12% | 0 LFR |
| > 40,000 LFR | 27% | 0 LFR |
| > 50,000 LFR | 30% | 0 LFR |
| > 70,000 LFR | 36% | 0 LFR |
| > 100,000 LFR | 42% | 0 LFR |
| > 120,000 LFR | 48% | 0 LFR |
| > 200,000 LFR | 52% | 0 LFR |
| > 500,000 LFR | 58% | 0 LFR |
| > 700,000 LFR | 64% | 0 LFR |
| > 800,000 LFR | 70% | 0 LFR |
| > 900,000 LFR | 76% | 0 LFR |
| > 1,000,000 LFR | 80% | 0 LFR |
| > 1,500,000 LFR | 84% | 0 LFR |
| > 2,000,000 LFR | 86% | 0 LFR | Total | 0 LFR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 420 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 85 |
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