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Bill: Income tax proposal of November 3342
Details
Submitted by[?]: United 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: July 3343
Description[?]:
| The United Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth 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 |
| > 12,000 HLR | 20% | 168,071,000,000 HLR |
| > 30,000 HLR | 45% | 384,740,000,000 HLR | Total | 552,811,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
| Date | 23:03:31, July 31, 2012 CET | From | United Civic Alliance | To | Debating the Income tax proposal of November 3342 |
| Message | Mr. Speaker, While we support this proposal, it leaves a 100 billion HLR shortfall with the budget that was adopted by this government earlier this year. That is why we will be voting against this measure. I yield. |
| Date | 10:58:01, August 01, 2012 CET | From | Party for Environmental Responsibility | To | Debating the Income tax proposal of November 3342 |
| Message | We will vote no because we have a budget surplus and that kind of tax increase will be an unnecessary burden on our people |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 206 | |||
| no | Total Seats: 85 | |||
| abstain | Total Seats: 100 |
| Random fact: Voters have an extra appreciation for bills that actually get passed, so if you want to maximally take profit from your votes, make sure you compromise with others. |
| Random quote: "The free market is ugly and stupid, like going to the mall; the unfree market is just as ugly and just as stupid, except there is nothing in the mall, and if you don't go there, they shoot you." - P. J. O'Rourke |