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Bill: Income tax proposal of July 2649
Details
Submitted by[?]: Classical Liberal Party
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: March 2650
Description[?]:
| The Conservative 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
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 | 12% | 88,232,000,000 HCR |
| > 40,000 HCR | 29% | 99,300,000,000 HCR |
| > 60,000 HCR | 50% | 145,390,000,000 HCR | Total | 332,922,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 22:52:29, October 09, 2008 CET | From | Classical Liberal Party | To | Debating the Income tax proposal of July 2649 |
| Message | Reduction in top rate by 1% was the only thing possible surplus, mostly due to some parties in the Imperial Chamber supporting the waste of government funds. |
| Date | 22:53:08, October 09, 2008 CET | From | Classical Liberal Party | To | Debating the Income tax proposal of July 2649 |
| Message | Reduction in top rate by 1% was the only thing possible with the surplus, mostly due to some parties in the Imperial Chamber supporting the waste of government funds. |
| Date | 23:12:50, October 09, 2008 CET | From | We Say So! Party | To | Debating the Income tax proposal of July 2649 |
| Message | We would rather there be a momentary pause in the reduction of taxation whilst it be capable to reduce the taxable income of all rather than just those who already make large quantities of money. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 146 | |||
| no | Total Seats: 107 | |||
| abstain |
Total Seats: 147 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "Because we don't think about future generations, they will never forget us." - Henrik Tikkanen |