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Bill: Tax Adjustment Act of 3709
Details
Submitted by[?]: Vazhishvilebi Mitsis
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: April 3710
Description[?]:
This plan will reduce the bottom income tax rate of 15% to 13%. This should save every taxpayers 260 HCR per year and see the State return about 15 billion HCR to the taxpayers. Samson Patiashvili Finance Minister |
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 HCR | 13% | 95,420,000,000 HCR |
> 18,000 HCR | 25% | 134,840,000,000 HCR |
> 30,000 HCR | 33% | 136,349,000,000 HCR |
> 45,000 HCR | 45% | 103,603,000,000 HCR |
> 60,000 HCR | 58% | 168,853,000,000 HCR | Total | 639,065,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 325 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Unless otherwise stated, monarchs and their royal houses will be presumed to be owned by the player who introduced the bill appointing them to their position. |
Random quote: "I'll see you in the Palace in Kivonia once we win this war... and I'm ecstatic to be the one to execute you. Sleep well." - Queen Annalise, former Telamonese monarch |