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Bill: Income tax proposal of April 3744
Details
Submitted by[?]: We Say So! 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: December 3744
Description[?]:
| The We Say So! Party propose to adjust the government's income and essential goods sales tax policy to better address the economic situation of the Luthorian Hobratsuri. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 50
Current: 0
Proposed: 0
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 HCR | 20% | 197,330,000,000 HCR |
| > 30,000 HCR | 30% | 89,889,000,000 HCR |
| > 40,000 HCR | 40% | 136,571,000,000 HCR |
| > 60,000 HCR | 49% | 142,096,000,000 HCR | Total | 565,886,000,000 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: In order for a Cabinet bill to pass, more than half of the legislature must vote for it and all of the parties included in the proposed Cabinet must support it. If your nation has a Head of State who is also the Head of Government, then the party controlling this character must also vote for the bill, since the Head of Government is also a member of the Cabinet. If any of these requirements are not met, the bill will not pass. |
| 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 |