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Bill: Income tax proposal of May 3319
Details
Submitted by[?]: Rep’ormis Partia
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: January 3320
Description[?]:
| The Rep’ormis Partia propose to adjust the government's income tax policy to better address the economic situation of the Hobratsuri Respublica (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 |
| > 16,500 HCR | 7% | 29,564,000,000 HCR |
| > 25,000 HCR | 15% | 74,885,000,000 HCR |
| > 40,000 HCR | 30% | 136,468,000,000 HCR |
| > 72,000 HCR | 60% | 82,023,000,000 HCR |
| > 100,000 HCR | 70% | 28,596,000,000 HCR | Total | 351,536,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 23:44:41, June 14, 2012 CET | From |  Hobratsuri Komunisturi Partiis | To | Debating the Income tax proposal of May 3319 |
| Message | This would mean that our expenses outweigh our income with at the very least 100,000,000,000 HCR. We oppose, for more reasons than that, but it is in itself enough. |
| Date | 00:03:54, June 15, 2012 CET | From | Hobratsuri Erovnuli P’rontis | To | Debating the Income tax proposal of May 3319 |
| Message | Running a deficit is a good way to stimulate investments. Lower taxes also reduce the burden on our poorest citizens. |
| Date | 00:52:47, June 15, 2012 CET | From | Hobratsuri Komunisturi Partiis | To | Debating the Income tax proposal of May 3319 |
| Message | A small deficit, perhaps. This one, however, is huge. |
| Date | 01:08:29, June 15, 2012 CET | From | Hobratsuri Erovnuli P’rontis | To | Debating the Income tax proposal of May 3319 |
| Message | According to our calculations, we would still be running a surplus of 18.890.342.522 HCR. |
| Date | 01:46:04, June 15, 2012 CET | From | Hobratsuri Komunisturi Partiis | To | Debating the Income tax proposal of May 3319 |
| Message | OOC: I must really suck at math. >.< |
| Date | 02:03:28, June 15, 2012 CET | From | Hobratsuri Erovnuli P’rontis | To | Debating the Income tax proposal of May 3319 |
| Message | OOC: I used the files created by SiggonKristov from Beluzia, they are quite useful: http://www.mediafire.com/?67t933bhoju0t |
| Date | 03:19:45, June 15, 2012 CET | From | Akhali Partia | To | Debating the Income tax proposal of May 3319 |
| Message | Support, the money is there and we can afford it. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 529 | |||
| no | Total Seats: 221 | |||
| abstain | Total Seats: 0 |
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