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Bill: Income tax proposal of August 2449
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: September 2450
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 Hulstria & 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 | 4% | 15,724,000,000 HCR |
| > 7,000 HCR | 25% | 42,727,000,000 HCR |
| > 10,000 HCR | 30% | 638,002,000,000 HCR | Total | 696,453,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 21:19:23, September 04, 2007 CET | From |  Sectual Congress | To | Debating the Income tax proposal of August 2449 |
| Message | I guess it's better than the horrible current one, but it's still pretty unprogressive. It's pretty much a flat tax, yuck. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 152 | ||||
| no | Total Seats: 250 | ||||
| abstain |
Total Seats: 98 |
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