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Bill: Income tax proposal of June 2685
Details
Submitted by[?]: Liberaldemokratische Allianz
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 2689
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% | 58,385,000,000 HCR |
| > 27,000 HCR | 22% | 54,249,000,000 HCR |
| > 34,000 HCR | 29% | 268,119,000,000 HCR | Total | 380,753,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 04:14:58, December 24, 2008 CET | From |  Liberaldemokratische Allianz | To | Debating the Income tax proposal of June 2685 |
| Message | This proposed tax structure equalizes the income gap between the 22 and 29 percent brackets to that between the 15 and 22. This year's surplus would be cut to under 2 billion crowns but we expect increased economic growth to restore our health surplus within the decade. |
| Date | 07:38:33, December 24, 2008 CET | From | Hulstrian Labor Party | To | Debating the Income tax proposal of June 2685 |
| Message | The HLP would rather see the revenue spent in the budget rather than more tax cuts. |
| Date | 14:04:15, December 24, 2008 CET | From | Konstitutionelle Monarchie Partei | To | Debating the Income tax proposal of June 2685 |
| Message | I'd rather see the rest of the outcome of the last income tax break a year ago by the end of the decade. I also argee with the Labor that our surplus should be used on budget spending, since we have not for quite some time. |
| Date | 08:17:14, December 30, 2008 CET | From | Liberaldemokratische Allianz | To | Debating the Income tax proposal of June 2685 |
| Message | We have decided to put this income tax break up for a vote now. The surplus for the year immediately after the approval of this proposal would be nearly ten billion crowns. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 132 | |||
| no |
Total Seats: 329 | |||
| abstain | Total Seats: 264 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "What are you trying to protect heterosexual marriages from? There isn't a limited amount of love in Iowa. It isn't a non-renewable resource. If Amy and Barbara or Mike and Steve love each other, it doesn't mean that John and Mary can't." - Ed Fallon |