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Bill: Income tax proposal of October 2662
Details
Submitted by[?]: Hulstrian Labor 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: June 2663
Description[?]:
The Hulstrian Labor Party propose to adjust the government's income tax policy to better address the economic situation of the Imperial Crownlands of Greater Hulstria. |
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 |
> 15,000 HCR | 10% | 28,491,000,000 HCR |
> 20,000 HCR | 20% | 102,185,000,000 HCR |
> 30,000 HCR | 30% | 81,179,000,000 HCR |
> 40,000 HCR | 40% | 75,771,000,000 HCR |
> 50,000 HCR | 50% | 228,684,000,000 HCR |
> 100,000 HCR | 60% | 73,843,000,000 HCR |
> 150,000 HCR | 65% | 4,076,000,000 HCR | Total | 594,229,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
Date | 22:14:40, November 08, 2008 CET | From | Hulstrian Labor Party | To | Debating the Income tax proposal of October 2662 |
Message | A Complete removal of the taxation of workers who earn under 15 000 HCR. That is the 2, 5 and 8% brackets. |
Date | 22:44:59, November 08, 2008 CET | From | Konstitutionelle Monarchie Partei | To | Debating the Income tax proposal of October 2662 |
Message | A complete removal isn\'t really that needed, a lower tax perhaps would work but not a complete removal. The revenue lost will shrink the surplus in years to come. Lower taxes yes, no taxes at all now. |
Date | 00:39:04, November 09, 2008 CET | From | Hulstrian Labor Party | To | Debating the Income tax proposal of October 2662 |
Message | A re-adjustment will be offered after this bill fails. |
Date | 06:09:30, November 09, 2008 CET | From | Liberaldemokratische Allianz | To | Debating the Income tax proposal of October 2662 |
Message | We can maintain a more than 20 billion crown a year surplus even after eliminating the 2, 5, and 8 percent brackets. There is no reason for those brackets other than to unduly burden the least well off Hulstrians and improperly inflate the balance of the Treasury. Our government can conduct its business and still have a surplus to spare without these intrusive taxes. |
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Voting
Vote | Seats | ||||
yes | Total Seats: 240 | ||||
no |
Total Seats: 410 | ||||
abstain | Total Seats: 0 |
Random fact: Dorvik is a nation based on Germanic and old Prussian cultures, it is located on the far north of Artania, making it an almost arctic nation. |
Random quote: "Liberty means responsibility. That is why most men dread it." - George Bernard Shaw |