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Bill: Income tax proposal of October 2440
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: June 2441
Description[?]:
| The Mormon Socialist 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 | 16% | 8,198,000,000 HCR |
| > 1,000 HCR | 19% | 97,348,000,000 HCR |
| > 10,000 HCR | 20% | 399,273,000,000 HCR |
| > 100,000 HCR | 21% | 17,323,000,000 HCR |
| > 125,000 HCR | 23% | 9,310,000,000 HCR |
| > 150,000 HCR | 26% | 1,628,000,000 HCR | Total | 533,080,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes |
Total Seats: 312 | |||||
| no |
Total Seats: 105 | |||||
| abstain | Total Seats: 40 |
| Random fact: When your party holds the foreign affairs department, you can create new treaties. However, before writing anything new, it is a good idea to search for existing treaties which already accomplish what you desire. |
| Random quote: "Sometimes it is said that man cannot be trusted with the government of himself. Can he, then, be trusted with the government of others?" - Thomas Jefferson |