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Bill: General Taxation Amendment Act 2628
Details
Submitted by[?]: Wiedervereinigten Nationalisten
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: July 2628
Description[?]:
| An Act to alter the taxation imposed by His Imperial Majesty's government on His Imperial Majesty's subjects. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 2
Current: 20
Proposed: 0
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 |
| > 1 HCR | 25% | 673,341,000,000 HCR | Total | 673,341,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 02:18:35, August 27, 2008 CET | From | Traditional Conservative's Party | To | Debating the General Taxation Amendment Act 2628 |
| Message | OOC: Just a note, shouldn't the bill be named Corporate Tax? Yes, we will vote for this! |
| Date | 02:22:07, August 27, 2008 CET | From | Wiedervereinigten Nationalisten | To | Debating the General Taxation Amendment Act 2628 |
| Message | “The current Imperial budget was designed centuries ago and finance has, unfortunately, been one of the most neglected areas in Hulstrian politics for many years. However, since assuming office shortly before the last general election, I have written, in conjunction with several economists, this new tax proposal for the Imperial Diet’s consideration. The new tax code will, I believe, serve Greater Hulstria and its people better than the present one. Under this new tax code, the majority of Hulstrians will see a significant decrease in the taxes that they pay. Additionally, Hulstrian corporations will be completely relieved of their corporate tax burden. Despite these things, we will still retain a very large surplus of 92,679,000,000 HCR. The tax cuts will be paid for by a reduction in the current, outrageous surplus level (288,903,527,924 HCR). I urge all of my honourable colleagues in the Imperial Diet to support this vital step in the right direction to ensure that Greater Hulstria remains a modern, prosperous society with a growing economy.” -Nicolaas van der Burgh Minister of Finance DM for Hennersdam Centre |
| Date | 02:22:54, August 27, 2008 CET | From | Wiedervereinigten Nationalisten | To | Debating the General Taxation Amendment Act 2628 |
| Message | (OOC: 'Income tax proposal of [month, year]' is the default title for all income tax bills.) |
| Date | 08:22:18, August 28, 2008 CET | From | HÅÅkai | To | Debating the General Taxation Amendment Act 2628 |
| Message | This would limit the amount of money available for government services. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 566 | ||||
| no |
Total Seats: 84 | ||||
| abstain | Total Seats: 0 |
| Random fact: For more information on Particracy's former colonial nations, check out http://forum.particracy.net/viewtopic.php?f=5&t=6640 |
| Random quote: "Men are so simple and so much inclined to obey immediate needs that a deceiver will never lack victims for his deceptions." - Niccolo Machiavelli |