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Bill: Income tax proposal of September 2371
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 2372
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:: 12
Current: 15
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 |
> 11,000 HCR | 10% | 49,888,000,000 HCR |
> 20,000 HCR | 25% | 183,964,000,000 HCR |
> 40,000 HCR | 35% | 119,962,000,000 HCR |
> 60,000 HCR | 58% | 168,877,000,000 HCR | Total | 522,691,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes |
Total Seats: 179 | |||
no | Total Seats: 221 | |||
abstain | Total Seats: 0 |
Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
Random quote: "John Burroughs has stated that experimental study of animals in captivity is absolutely useless. Their character, their habits, their appetites undergo a complete transformation when torn from their soil in field and forest. With human nature caged in a narrow space, whipped daily into submission, how can we speak of its potentialities?" - Emma Goldman |