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Bill: Income tax proposal of June 2441
Details
Submitted by[?]: Socialist Party of Greater Hulstria
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: April 2442
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 | 15% | 7,693,000,000 HCR |
| > 1,000 HCR | 18% | 92,311,000,000 HCR |
| > 10,000 HCR | 19% | 379,608,000,000 HCR |
| > 100,000 HCR | 20% | 16,492,000,000 HCR |
| > 125,000 HCR | 22% | 8,899,000,000 HCR |
| > 150,000 HCR | 25% | 1,567,000,000 HCR | Total | 506,570,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 14:31:11, August 12, 2007 CET | From |  Progressive Liberal Party of Hulstria | To | Debating the Income tax proposal of June 2441 |
| Message | In favor! |
| Date | 00:20:56, August 13, 2007 CET | From | R.I.F.T. | To | Debating the Income tax proposal of June 2441 |
| Message | Insanity. This is an increase of taxes only for the poorest of citizens. The revenue gained by this ludicrous bill is actually smaller than what we have now through taxes. This is a cut-and-dried tax cut for the rich, which is unacceptable. We might need to -raise- taxes depending on what new proposals go through. Your bill only moves the burden to those who are hurt worst by it. |
| Date | 00:26:20, August 13, 2007 CET | From | Sectual Congress | To | Debating the Income tax proposal of June 2441 |
| Message | You're taxing the poor way too much! Everyone please vote for our bill instead. Taxing households that make less than 1000 per year 15% is ridiculous. |
| Date | 04:01:08, August 13, 2007 CET | From | Socialist Party of Greater Hulstria | To | Debating the Income tax proposal of June 2441 |
| Message | It is less than the current tax bracket. If you had taken the two seconds to look at it, you would know that. |
| Date | 06:25:25, August 13, 2007 CET | From | Sectual Congress | To | Debating the Income tax proposal of June 2441 |
| Message | Both of our parties know that. It still taxes the poor too much though. |
| Date | 19:26:03, August 13, 2007 CET | From | Socialist Party of Greater Hulstria | To | Debating the Income tax proposal of June 2441 |
| Message | If we are going to cut taxes, we need to cut them for everyone. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 248 | ||||
| no |
Total Seats: 225 | ||||
| abstain | Total Seats: 27 |
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