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Bill: Heimatspartei Regressive Income Tax of 2695
Details
Submitted by[?]: Königstreue Sozialdemokrat 社会民主
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: January 2696
Description[?]:
The regressive income tax is a favorable system as it allows those with higher incomes to contribute more into the economy while at the same time, citizens on a lower income are encouraged to work harder to obtain a higher income and eventually be apart of the low tax brackets. |
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 |
> 10,000 HCR | 25% | 213,749,000,000 HCR |
> 25,000 HCR | 20% | 119,441,000,000 HCR |
> 45,000 HCR | 16% | 39,354,000,000 HCR |
> 60,000 HCR | 12% | 23,286,000,000 HCR |
> 80,000 HCR | 8% | 6,668,000,000 HCR |
> 95,000 HCR | 5% | 4,549,000,000 HCR |
> 120,000 HCR | 3% | 1,838,000,000 HCR | Total | 408,885,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
Date | 04:23:36, January 13, 2009 CET | From | Hulstrian Labor Party | To | Debating the Heimatspartei Regressive Income Tax of 2695 |
Message | Disgusting that anyone would consider placing the burden of taxation upon loyal workers of this nation |
Date | 04:24:34, January 13, 2009 CET | From | Konstitutionelle Monarchie Partei | To | Debating the Heimatspartei Regressive Income Tax of 2695 |
Message | I am completely reforming our current tax system but I can't support this. I'd rather see a flat tax or a simple tax system we had in 2690. |
Date | 07:01:43, January 13, 2009 CET | From | Liberaldemokratische Allianz | To | Debating the Heimatspartei Regressive Income Tax of 2695 |
Message | Our current tax system is simple, fair, and equitable. |
Date | 21:35:32, January 13, 2009 CET | From | Konstitutionelle Monarchie Partei | To | Debating the Heimatspartei Regressive Income Tax of 2695 |
Message | There wasn't much debate in that. |
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Voting
Vote | Seats | |||||
yes | Total Seats: 0 | |||||
no |
Total Seats: 725 | |||||
abstain | Total Seats: 0 |
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