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Bill: Income tax proposal of February 2512
Details
Submitted by[?]: We Say So! Party
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: October 2512
Description[?]:
| The We Say So! Party propose to adjust the government's income tax policy to better address the economic situation of the Second Imperial Republic of Hobrazia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 12
Current: 12
Proposed: 10
Article 2
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 HCR | 20% | 146,838,000,000 HCR |
| > 40,000 HCR | 35% | 119,681,000,000 HCR |
| > 60,000 HCR | 57% | 165,575,000,000 HCR | Total | 432,094,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 02:25:58, January 06, 2008 CET | From |  Island Moderate Party | To | Debating the Income tax proposal of February 2512 |
| Message | Why are we taxing the richer so much more? |
| Date | 04:21:41, January 06, 2008 CET | From | Communist Party of Hobrazia | To | Debating the Income tax proposal of February 2512 |
| Message | We arn't happy with article 1 however article 2 makes this bill too good to vote against. |
| Date | 17:46:09, January 06, 2008 CET | From | We Say So! Party | To | Debating the Income tax proposal of February 2512 |
| Message | @IMP - It's a progressive tax system, the rate of tax increases as income increases however as you can see we are not increasing tax for any groups only reducing it for all. |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 375 | ||||||
| no |
Total Seats: 6 | ||||||
| abstain |
Total Seats: 19 |
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