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Bill: Income tax proposal of October 3257
Details
Submitted by[?]: People's 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 3258
Description[?]:
| The People's Party propose to adjust the government's income tax policy to better address the economic situation of the Hobrazian People's Democratic Republic. |
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 |
| > 17,500 HCR | 25% | 91,682,000,000 HCR |
| > 25,000 HCR | 30% | 211,102,000,000 HCR |
| > 50,000 HCR | 35% | 95,875,000,000 HCR |
| > 75,000 HCR | 40% | 46,085,000,000 HCR |
| > 100,000 HCR | 45% | 14,365,000,000 HCR |
| > 125,000 HCR | 50% | 4,528,000,000 HCR | Total | 463,637,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 101 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Terra, the fictional world in which Particracy is set, consists of 8 continents: Artania, Dovani, Keris, Makon, Majatra, Seleya, Temania and Vascania. |
| Random quote: "Zardugal. . . very successfully almost managed to implement democracy on a global scale, a millennia ago. With a seat in the Security Council we can do it again." - Phoebe Ĥoniato, former Zardic politician |