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Bill: Income tax proposal of June 2453
Details
Submitted by[?]: God's and the King's Fighters
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: February 2454
Description[?]:
| The God's and the King's Fighters propose to adjust the government's income tax policy to better address the economic situation of the Most Royal and Serene Kingdom of Hutori. By this more detailed tax system, we would be able to achieve huge social betterments, without our citizens having to pay significantly more. |
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 |
| > 10,000 HLR | 8% | 44,472,000,000 HLR |
| > 20,000 HLR | 13% | 71,122,000,000 HLR |
| > 35,000 HLR | 23% | 70,555,000,000 HLR |
| > 50,000 HLR | 35% | 97,160,000,000 HLR |
| > 75,000 HLR | 43% | 44,103,000,000 HLR |
| > 100,000 HLR | 50% | 9,296,000,000 HLR | Total | 336,708,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 195 | ||||
| no | Total Seats: 8 | ||||
| abstain | Total Seats: 48 |
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