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Bill: Income tax proposal of May 2370
Details
Submitted by[?]: Liberal 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: January 2371
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: 12
Proposed: 0
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 | 15% | 79,077,000,000 HCR |
| > 20,000 HCR | 25% | 183,952,000,000 HCR |
| > 40,000 HCR | 35% | 119,968,000,000 HCR |
| > 60,000 HCR | 58% | 168,900,000,000 HCR | Total | 551,897,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 19:09:08, March 07, 2007 CET | From |  We Say So! Party | To | Debating the Income tax proposal of May 2370 |
| Message | So, the Liberal Party makes massive numbers of our population destitute to reduce government spending and then reduces the tax on middle earners and removes the tax off business. It's good to know the Liberal Party cares more for big business than the welfare of our people. |
| Date | 19:12:42, March 07, 2007 CET | From | We Say So! Party | To | Debating the Income tax proposal of May 2370 |
| Message | We would also like to point out that the Liberal Party espouses to have improved education by allowing the government to pay for private education, but then reducing the education budget. This can only lead to the worsening of public schools against private and is nothing more than a direct attack on the future of this nation. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 205 | |||
| no | Total Seats: 195 | |||
| abstain |
Total Seats: 0 |
| Random fact: Party candidates for head of state elections are not visible to the public. This means that you cannot see who will run and who will not, which adds another strategic element to the elections. |
| Random quote: "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting that vote." - Unknown |