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Bill: Income tax proposal of December 2386
Details
Submitted by[?]: We Say So! 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: August 2388
Description[?]:
| The We Say So! 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 |
| > 11,000 HCR | 14% | 69,689,000,000 HCR |
| > 20,000 HCR | 24% | 176,206,000,000 HCR |
| > 40,000 HCR | 35% | 119,681,000,000 HCR |
| > 60,000 HCR | 58% | 168,480,000,000 HCR | Total | 534,056,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 11:58:36, April 10, 2007 CET | From |  derrfe Party | To | Debating the Income tax proposal of December 2386 |
| Message | no i do not think this a good alternative tax system as it loses the treasury money from taxpayers pockets by 10,000 m, i conclude that only with a increase in other areas of tax for example , the corpoation tax or value added tax would i be happy to agree on this motion |
| Date | 14:32:33, April 11, 2007 CET | From | We Say So! Party | To | Debating the Income tax proposal of December 2386 |
| Message | We believe this would be a good idea as, due to economic prudence, we are currently operating a 10bn HCR surplus. This reduction would merely reset that surplus to zero thusly providing no loss to current expenditure levels whilst also returning vast sums to our population. |
| Date | 15:53:03, April 11, 2007 CET | From | derrfe Party | To | Debating the Income tax proposal of December 2386 |
| Message | but surely if we have 10 bn hcr to spend we should spend it on things that would be helpful to have,so have an expenditure bill rather than a income bill |
| Date | 09:06:53, April 12, 2007 CET | From | We Say So! Party | To | Debating the Income tax proposal of December 2386 |
| Message | The idea is to return this initial amount to the public in a fairly hefty tax cut, then see how much is left and reinvest that into government projects. Luckily, through the continued growth of the economy, we will still be running an, albeit smaller, surplus. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 275 | |||
| no |
Total Seats: 41 | |||
| abstain | Total Seats: 84 |
| Random fact: Particracy does not allow official national flags of real-life nations or flags which are very prominent and recognisable (eg. the flags of the European Union, the United Nations, Nazi Germany, the Soviet Union or the Confederate States of America). |
| Random quote: Although I understand and respect the intentions behind the gesture, this is not something that is universally understood or appreciated, and it tends to give out a negative impression of our party. ~ Anton Weinreich, General Secretary of the Dorvish Communist Party, pleading with his members to stop burning the national flag |