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Bill: Income tax proposal of August 2677
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: April 2678
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 |
| > 20,000 HCR | 13% | 50,455,000,000 HCR |
| > 27,000 HCR | 20% | 24,467,000,000 HCR |
| > 30,000 HCR | 29% | 235,026,000,000 HCR |
| > 80,000 HCR | 35% | 80,204,000,000 HCR |
| > 150,000 HCR | 39% | 2,441,000,000 HCR | Total | 392,593,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 12:51:55, December 08, 2008 CET | From | Hulstrian Labor Party | To | Debating the Income tax proposal of August 2677 |
| Message | A slight increment to the 80k+ HCR and another at the 150k+ HCR has allowed a big decrement of 4% to the >20000 HCR bracket and a 2% decrement to the >27000 HCR bracket. By taxing those who can afford to slightly more, the lower tax brackets can be reduced significantly. |
| Date | 00:51:19, December 09, 2008 CET | From | Wiedervereinigten Nationalisten | To | Debating the Income tax proposal of August 2677 |
| Message | "There is no reason to so radically increase taxes on such a substantial number of Hulstrians." -Pieter Coetzee Minister of Finance |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 242 | |||
| no | Total Seats: 261 | |||
| abstain |
Total Seats: 115 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "The Lord is a man of war" - Exodus 15:3 |