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Bill: Income tax proposal of August 2413
Details
Submitted by[?]: "Le Chaim" - Aesthetic 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: February 2415
Description[?]:
The "Le Chaim" - Aesthetic Party propose to adjust the government's income tax policy to better address the economic situation of the The Most Royal and Serene Kingdom of Hutori. We think this is a good compromise... |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 9
Proposed: 15
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 |
> 8,000 HLR | 5% | 19,939,000,000 HLR |
> 15,000 HLR | 8% | 65,742,000,000 HLR |
> 35,000 HLR | 15% | 46,177,000,000 HLR |
> 50,000 HLR | 20% | 55,696,000,000 HLR |
> 75,000 HLR | 23% | 27,920,000,000 HLR | Total | 215,474,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
Date | 13:43:54, June 14, 2007 CET | From | United Forces of Decay | To | Debating the Income tax proposal of August 2413 |
Message | A fine proposal. We shall support it. |
Date | 13:50:13, June 14, 2007 CET | From | God's and the King's Fighters | To | Debating the Income tax proposal of August 2413 |
Message | No support. |
Date | 11:19:43, June 15, 2007 CET | From | Conservative-Libertarian Party (UM) | To | Debating the Income tax proposal of August 2413 |
Message | Tax systems should be as simple as possible, with as fewer bands as possible. Besides, this income tax proposal is seriously damaging to those in our society who are worst off. And taxing the rich and corporations to this extent will simply drive them abroad. |
Date | 18:46:35, June 16, 2007 CET | From | Christian Democratic Alternative | To | Debating the Income tax proposal of August 2413 |
Message | A maximum tax of 23% is not particularly high. The CDA will support. |
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Voting
Vote | Seats | |||
yes | Total Seats: 160 | |||
no | Total Seats: 17 | |||
abstain | Total Seats: 73 |
Random fact: Cabinet ministers who disagree seriously with the head of government would usually be expected to resign. Parties within the cabinet may attempt to manoeuvre to replace the head of government though, for example by proposing a new cabinet bill or voting for an early election. |
Random quote: "Erotic politicians, that's what we are. We're interested in anything about revolt, disorder, chaos and activity that appears to have no meaning." Jim Morrison |