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Bill: Income tax proposal of December 3394
Details
Submitted by[?]: Old Whig 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 not pass any sooner than the deadline.
Voting deadline: August 3395
Description[?]:
| The Old Whig Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Hutori. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 9
Proposed: 10
Article 2
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 | 12% | 114,553,000,000 HLR |
| > 30,000 HLR | 30% | 256,625,000,000 HLR | Total | 371,178,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 222 | |||
| no | Total Seats: 169 | |||
| abstain | Total Seats: 0 |
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