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Bill: Income tax proposal of June 3291
Details
Submitted by[?]: Mitten Partiet
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: February 3292
Description[?]:
| The Mitten Partiet propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Hutori. People as was earning between 5000-12,500 will now pay an income tax of 10% instead of 0%. They will be receive tax breaks for a value of 22,000,000,000 or 50% of the taxes as they should have payee with the new system. For the first year those will pay 5% tax and the next year 10%. |
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 | 10% | 84,179,000,000 HLR |
| > 20,000 HLR | 20% | 232,482,000,000 HLR |
| > 80,000 HLR | 30% | 27,714,000,000 HLR | Total | 344,375,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
| Date | 01:36:57, April 20, 2012 CET | From | Mitten Partiet | To | Debating the Income tax proposal of June 3291 |
| Message | For people as was earning between 5000-12,500 will now pay an income tax of 10% instead of 0%. They will be receive tax breaks for a value of 22,000,000,000 or 50% of the taxes as they should have payee with the new system. For the first year those will pay 5% tax and the next year 10%. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 212 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 139 |
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