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Bill: Income tax proposal of April 3989
Details
Submitted by[?]: Kushite Revolution
Status[?]: defeated
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: December 3989
Description[?]:
The The Kushite Revolution propose to adjust the government's income tax policy to better address the economic situation of the Sakhalkho Respublikis Hobraziis (People's Republic of Hobrazia). |
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 |
> 15,000 HCR | 4% | 48,362,000,000 HCR |
> 50,000 HCR | 10% | 42,376,000,000 HCR |
> 130,000 HCR | 25% | 1,369,000,000 HCR | Total | 92,107,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
Date | 21:19:13, February 26, 2016 CET | From | Conservative Party of Hobrazia | To | Debating the Income tax proposal of April 3989 |
Message | Mr speaker, This proposal would not benefit our economy at all and would result in possible Economic difficulties. We need to raise money with tax and it needs to be done in a fair way. |
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Voting
Vote | Seats | |
yes | Total Seats: 0 | |
no | Total Seats: 75 | |
abstain | Total Seats: 0 |
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: "It is obvious that the laissez-faire ideology represents the interests of big business. For decades, the right-wing has opposed welfare programs and nationalised companies, in favour of big business disguised under 'economic liberty'." - Cecilia Xu, former Gaduri politician |