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Bill: Income tax proposal of July 3990
Details
Submitted by[?]: Kushite Revolution
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: March 3991
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 |
| > 5,000 HCR | 7% | 9,869,000,000 HCR |
| > 7,500 HCR | 15% | 21,147,000,000 HCR |
| > 10,000 HCR | 21% | 59,213,000,000 HCR |
| > 15,000 HCR | 24% | 65,161,000,000 HCR |
| > 20,000 HCR | 27% | 117,034,000,000 HCR |
| > 30,000 HCR | 28% | 83,919,000,000 HCR |
| > 40,000 HCR | 29% | 58,860,000,000 HCR |
| > 50,000 HCR | 30% | 32,473,000,000 HCR |
| > 57,500 HCR | 35% | 10,613,000,000 HCR |
| > 60,000 HCR | 37% | 36,130,000,000 HCR |
| > 70,000 HCR | 38% | 26,790,000,000 HCR |
| > 80,000 HCR | 41% | 33,264,000,000 HCR |
| > 100,000 HCR | 45% | 6,634,000,000 HCR |
| > 110,000 HCR | 47% | 9,685,000,000 HCR |
| > 130,000 HCR | 50% | 1,427,000,000 HCR |
| > 135,000 HCR | 50% | 1,303,000,000 HCR | Total | 573,522,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 00:07:09, February 29, 2016 CET | From | Peoples Party | To | Debating the Income tax proposal of July 3990 |
| Message | We think taxes should be even higher than this |
| Date | 03:41:50, February 29, 2016 CET | From | Kushite Revolution | To | Debating the Income tax proposal of July 3990 |
| Message | Don't you think that would be extortion? |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 75 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 0 |
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