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Bill: Income tax proposal of October 2691
Details
Submitted by[?]: Classical Liberal Party
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: June 2692
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 | 9% | 66,090,000,000 HCR |
| > 40,000 HCR | 26% | 88,924,000,000 HCR |
| > 60,000 HCR | 42% | 122,015,000,000 HCR | Total | 277,029,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 21:06:20, January 05, 2009 CET | From |  Classical Liberal Party | To | Debating the Income tax proposal of October 2691 |
| Message | Cuts for all! |
| Date | 09:06:02, January 06, 2009 CET | From | We Say So! Party | To | Debating the Income tax proposal of October 2691 |
| Message | Would it not be wiser to increase the budget expenditure to take into account inflation and then, using the remaining surplus, to reduce taxes? |
| Date | 14:22:08, January 06, 2009 CET | From | We Say So! Party | To | Debating the Income tax proposal of October 2691 |
| Message | Also, what is the reasoning behind giving the richest earners of this nation the largest tax reduction it's not as if they are in need? |
| Date | 19:59:03, January 06, 2009 CET | From | Classical Liberal Party | To | Debating the Income tax proposal of October 2691 |
| Message | The government believes that there is a need to cut waste and reduce the size of the government. |
| Date | 19:59:38, January 06, 2009 CET | From | Classical Liberal Party | To | Debating the Income tax proposal of October 2691 |
| Message | The top rate cuts will stimulate our economy. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 243 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 157 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "The state is nothing but an instrument of oppression of one class by another, no less so in a democratic republic than in a monarchy." - John Smith |