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Bill: Income tax proposal of January 2700
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: September 2700
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 | 8% | 58,864,000,000 HCR |
| > 40,000 HCR | 26% | 89,119,000,000 HCR |
| > 60,000 HCR | 41% | 119,395,000,000 HCR | Total | 267,378,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 14:15:16, January 22, 2009 CET | From |  We Say So! Party | To | Debating the Income tax proposal of January 2700 |
| Message | We will not support this bill because we see this as nothing more than the Conservatives playing with their core vote of the richest people in Hobrazia whilst ignoring the majority. A reduction to 8% for the lowest earners coupled with a reduction to 25% for middle earners would reduce the overall burden of taxation for all to a higher degree and stimulate the economy more than the one proposed by our colleagues. |
| Date | 19:23:28, January 22, 2009 CET | From | Hobrazian Extraordinary Gentlemen's Club | To | Debating the Income tax proposal of January 2700 |
| Message | We would rather favour the allocation of budget surplus among the ministries in order to invest additional financial support into governmental programmes. |
| Date | 21:11:32, January 22, 2009 CET | From | Classical Liberal Party | To | Debating the Income tax proposal of January 2700 |
| Message | We will certainly action the suggestions of our colleagues, when top rate is at 40-41%. We believe that only ignoring the lowest rate and cutting the top and middle rate would stimulate the economy more than the proposed one. |
| Date | 22:47:11, January 22, 2009 CET | From | First Party Of Hobrazia | To | Debating the Income tax proposal of January 2700 |
| Message | we must maintain government unity |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 231 | |||
| no | Total Seats: 169 | |||
| abstain | Total Seats: 0 |
| Random fact: Don't put "the" as the first word in your party name, because when parties are referred to in news reports, their names are preceded with "the", e.g. the [Socialist Party] has lost. |
| Random quote: "He who controls the past, commands the future. He who commands the future, conquers the past." - Kane; Command and Conquer: Red Alert |