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Bill: Income tax proposal of September 2375
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: May 2376
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
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 |
| > 11,500 HCR | 10% | 47,006,000,000 HCR |
| > 20,000 HCR | 25% | 183,729,000,000 HCR |
| > 40,000 HCR | 35% | 119,808,000,000 HCR |
| > 60,000 HCR | 58% | 168,549,000,000 HCR | Total | 519,092,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 02:21:09, March 18, 2007 CET | From |   Liberal Party | To | Debating the Income tax proposal of September 2375 |
| Message | This bill will make it easier for people in the lowest bracket to live. It would be reprehensible for any party to oppose this. We will let the governing parties decide how to change expenditure should this pass. |
| Date | 11:05:53, March 18, 2007 CET | From | We Say So! Party | To | Debating the Income tax proposal of September 2375 |
| Message | It would be foolish to allow such major cuts without proper thought as to how it will effect public services and the economy as a whole. As usual, the Liberal Party is more concerned with damaging others credibility rather actually considering the damage their policies do. |
| Date | 23:08:42, March 18, 2007 CET | From | Liberal Party | To | Debating the Income tax proposal of September 2375 |
| Message | I see, so it is only our party that works in the interests of the working poor. Interesting, but not that surprising. |
| Date | 23:36:29, March 18, 2007 CET | From | We Say So! Party | To | Debating the Income tax proposal of September 2375 |
| Message | The Liberal Party that works so hard for the poor that they have removed the guarantee of a minimum income from them. The Liberal Party has yet to show any concern for the poor and instead continually removes structures that protect the poor whilst allowing them to be abused by private groups and increasing their costs whilst removing guarantees of their economic freedom and prosperity. |
| Date | 01:20:58, March 19, 2007 CET | From | Liberal Party | To | Debating the Income tax proposal of September 2375 |
| Message | If the WSS Party had any economic literacy they would know that the minimum wage is a hindrance towards their prosperity and actually helps to keep them down, because as any economist will tell you the minimum wage creates unemployment and underemployment for those earning the lowest income. |
| Date | 14:40:32, March 19, 2007 CET | From | We Say So! Party | To | Debating the Income tax proposal of September 2375 |
| Message | And if the Liberal Party had any historical literacy or understood how economic systems operate outside of the theoretical they would know that there have never been any longterm increases in unemployment or underemployment directly linked to the introduction and operation of a minimum wage. |
| Date | 23:35:31, March 19, 2007 CET | From | Liberal Party | To | Debating the Income tax proposal of September 2375 |
| Message | OOC: Actually there are several examples I can think of which prove the opposite, but you will refuse to accept since it's not IC. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 113 | |||
| no |
Total Seats: 287 | |||
| abstain | Total Seats: 0 |
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