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Bill: Income tax proposal of May 3368
Details
Submitted by[?]: National Party of Athlorcaea Hutori
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 3369
Description[?]:
| The 3364 Movement/The Democrats 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 |
| > 10,000 HLR | 19% | 181,429,000,000 HLR |
| > 30,000 HLR | 48% | 410,784,000,000 HLR | Total | 592,213,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
| Date | 20:14:18, September 20, 2012 CET | From | National Party of Athlorcaea Hutori | To | Debating the Income tax proposal of May 3368 |
| Message | As we have a budget surplus of 21,866,294,142 HLR this is more than affordable, and would be some relief - admittedly very small - but a relief nonetheless to low-income taxpayers. |
| Date | 20:29:24, September 20, 2012 CET | From | Party for Environmental Responsibility | To | Debating the Income tax proposal of May 3368 |
| Message | Mr Speaker We will accept it and we advise it's immediate start to vote |
| Date | 21:19:23, September 20, 2012 CET | From | Mitten Partiet | To | Debating the Income tax proposal of May 3368 |
| Message | we can't possible accept a tax rate of 48%! |
| Date | 21:29:35, September 20, 2012 CET | From | National Party of Athlorcaea Hutori | To | Debating the Income tax proposal of May 3368 |
| Message | The top bracket of income tax is already 48%. While this is high we feel we should cut what is a high tax rate for those on low incomes first. - Deniece Collingwood, Minister of Finance |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 221 | ||
| no |
Total Seats: 92 | ||
| abstain |
Total Seats: 78 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "There is no other definition of communism valid for us than that of the abolition of the exploitation of man by man." - Che Guevara |