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Bill: Income tax proposal of May 2683
Details
Submitted by[?]: Liberaldemokratische Allianz
Status[?]: passed
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: February 2684
Description[?]:
The Christian Liberal 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 | 15% | 58,247,000,000 HCR |
> 27,000 HCR | 22% | 26,924,000,000 HCR |
> 30,000 HCR | 29% | 303,329,000,000 HCR | Total | 388,500,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
Date | 03:36:00, December 20, 2008 CET | From | Liberaldemokratische Allianz | To | Debating the Income tax proposal of May 2683 |
Message | This proposal lowers the 20,000 bracket's rate to 15% from the current 17%. |
Date | 03:44:35, December 20, 2008 CET | From | Konstitutionelle Monarchie Partei | To | Debating the Income tax proposal of May 2683 |
Message | Looks good. Nice little Tax break for the 20000 bracket. This doesn't have complete tax bracket elimations nor does it wipe away our surplus! This would leave us with about 21-22 billion crowns, just enough for healthy budget spending among others. By the end of the decade possibly we could see the 39 billion crown surplus now back in our hands if this works out well. Well go for this if it at vote. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 400 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 325 |
Random fact: It usually takes up to an hour for election results to generate. During this time, the "Next Election" date is put forward a month, which is confusing. Do not worry! In a short time, the election result will generate and the "Next Election" date will then correct itself. |
Random quote: "Since a politician never believes what he says, he is quite surprised to be taken at his word." Charles De Gaulle (1890 - 1970) |