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Bill: Income tax proposal of February 2496
Details
Submitted by[?]: SocLib '82
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: February 2497
Description[?]:
| SocLib '82 proposes to adjust the government's income tax policy to better address the economic situation of the Most Royal and Serene Kingdom of Hutori. The current proposal places almost all of the burden on the poor, and a progressive system (we will admit) would only create more debate and in the current climate could not possibly get passed. We are proposing a flat tax rate of 25% for any person making more than HLR20,000 per year. It's a reasonable rate that protects the poorest of our nation from paying taxes. |
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 |
| > 20,000 HLR | 25% | 313,353,000,000 HLR | Total | 313,353,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
| Date | 09:53:40, December 05, 2007 CET | From | "Le Chaim" - Aesthetic Party | To | Debating the Income tax proposal of February 2496 |
| Message | 25 % is a bit high, isn't it... |
| Date | 10:58:36, December 05, 2007 CET | From | Monarchist Party of Hutori | To | Debating the Income tax proposal of February 2496 |
| Message | no |
| Date | 12:22:21, December 05, 2007 CET | From | Royalist Confederacy | To | Debating the Income tax proposal of February 2496 |
| Message | Wil vote yes. |
| Date | 12:31:46, December 05, 2007 CET | From | Monarchist Party of Hutori | To | Debating the Income tax proposal of February 2496 |
| Message | SocLib's would bankrupt Hutori by this kind of tax. |
| Date | 16:10:32, December 05, 2007 CET | From | Democratic Socialist Union | To | Debating the Income tax proposal of February 2496 |
| Message | We would agree to this. |
| Date | 18:16:03, December 05, 2007 CET | From | SocLib '82 | To | Debating the Income tax proposal of February 2496 |
| Message | 25% is higher than we'd like but until we can agree on a budget that cuts spending enough, it'll have to remain in the general area of 20-25%.. |
| Date | 18:23:49, December 05, 2007 CET | From | SocLib '82 | To | Debating the Income tax proposal of February 2496 |
| Message | How would this proposal bankrupt Hutori? First of all if a budget could be passed that cuts spending then we'd really be in a safe position. Second, this proposal brings about a 20 billion cut in revenue than we currently receive, which is perfectly okay considering we have a 100 billion surplus... |
| Date | 19:09:15, December 05, 2007 CET | From | Conservative Union Party | To | Debating the Income tax proposal of February 2496 |
| Message | Disgusting. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 120 | |||||
| no |
Total Seats: 107 | |||||
| abstain | Total Seats: 42 |
| Random fact: Treaties will be eligible for deletion if they are more than 50 in-game years old and have no currently ratified members. |
| Random quote: "Many forms of Government have been tried, and will be tried in this world of sin and woe. No one pretends that democracy is perfect or all-wise. Indeed, it has been said that democracy is the worst form of government except all those other forms that have been tried from time to time." - Winston Churchill |