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Bill: Income tax proposal of September 2369
Details
Submitted by[?]: Liberal Party
Status[?]: defeated
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 2370
Description[?]:
| The Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Imperial Republic of Hobrazia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 17
Current: 14
Proposed: 10
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 |
| > 10,500 HCR | 10% | 52,684,000,000 HCR |
| > 20,000 HCR | 29% | 213,259,000,000 HCR |
| > 40,000 HCR | 35% | 119,859,000,000 HCR |
| > 60,000 HCR | 58% | 168,675,000,000 HCR | Total | 554,477,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 164 | ||
| no | Total Seats: 119 | ||
| abstain |
Total Seats: 79 |
| Random fact: Alduria, Rildanor and Lourenne all have Canrilaise (French) cultures. |
| Random quote: "The state is nothing but an instrument of oppression of one class by another, no less so in a democratic republic than in a monarchy." - John Smith |