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Bill: Income tax proposal of October 3068
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: June 3069
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 |
| > 5,000 HLR | 5% | 42,149,000,000 HLR |
| > 20,000 HLR | 20% | 171,413,000,000 HLR |
| > 50,000 HLR | 40% | 139,781,000,000 HLR |
| > 90,000 HLR | 60% | 30,376,000,000 HLR | Total | 383,719,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 391 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide." - John Adams |