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Bill: Income tax proposal of April 3064
Details
Submitted by[?]: Socialist 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: December 3064
Description[?]:
| The Liberal Party (UH) propose to adjust the government's income tax policy to better address the economic situation of the Most Excellent and Serene Kingdom of Hutori. |
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 HLR | 20% | 170,692,000,000 HLR |
| > 50,000 HLR | 40% | 122,445,000,000 HLR |
| > 80,000 HLR | 50% | 46,053,000,000 HLR | Total | 339,190,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
| Date | 19:30:31, January 21, 2011 CET | From |  Socialist Party | To | Debating the Income tax proposal of April 3064 |
| Message | Rt Hon Peter Brownell MP, Chancellor of the Exchequer Mr Speaker, these changes to income tax will drastically reduce administration costs, as well as making the system far less complicated for those who self assess. It will also retain a suitably large proportion of our GDP in the public sector whilst removing the burden entirely from our poorest citizens. |
| Date | 20:01:02, January 21, 2011 CET | From | Hutorian Conservative Party | To | Debating the Income tax proposal of April 3064 |
| Message | Mr Speaker, we would ask the gentleman opposite to remember he is not the Finance Minister yet. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 196 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 195 |
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