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Bill: Income tax proposal of September 2435
Details
Submitted by[?]: Socialist Party of Greater Hulstria
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: April 2437
Description[?]:
The Latter Day Saints Party propose to adjust the government's income tax policy to better address the economic situation of the Dual Monarchy of Hustria & Gao-Soto. |
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 |
> 100 HCR | 15% | 7,691,000,000 HCR |
> 1,000 HCR | 16% | 82,037,000,000 HCR |
> 10,000 HCR | 17% | 339,556,000,000 HCR |
> 100,000 HCR | 18% | 23,271,000,000 HCR |
> 1,000,000 HCR | 19% | 0 HCR | Total | 452,555,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
Date | 18:31:49, July 29, 2007 CET | From | Gao-Showa Imperial Party | To | Debating the Income tax proposal of September 2435 |
Message | We would prefer to see the return of flat taxes. |
Date | 20:31:05, July 30, 2007 CET | From | Plutocratic Utopian Front | To | Debating the Income tax proposal of September 2435 |
Message | We would also like to see a restrucuring of the tax code, although this proposal is marginally better than the current system for income taxation. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 321 | ||||
no | Total Seats: 73 | ||||
abstain | Total Seats: 106 |
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