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Bill: Income tax proposal of May 3993
Details
Submitted by[?]: Conservative Party of Hobrazia
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: January 3994
Description[?]:
| The Conservative Party of Hobrazia 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% | 9,895,000,000 HCR |
| > 7,500 HCR | 15% | 21,203,000,000 HCR |
| > 10,000 HCR | 25% | 70,678,000,000 HCR |
| > 15,000 HCR | 25% | 68,058,000,000 HCR |
| > 20,000 HCR | 27% | 117,341,000,000 HCR |
| > 30,000 HCR | 28% | 84,140,000,000 HCR |
| > 40,000 HCR | 29% | 58,990,000,000 HCR |
| > 50,000 HCR | 32% | 34,710,000,000 HCR |
| > 57,500 HCR | 35% | 10,635,000,000 HCR |
| > 60,000 HCR | 35% | 34,245,000,000 HCR |
| > 70,000 HCR | 38% | 26,845,000,000 HCR |
| > 80,000 HCR | 39% | 31,705,000,000 HCR |
| > 100,000 HCR | 45% | 6,651,000,000 HCR |
| > 110,000 HCR | 47% | 9,697,000,000 HCR |
| > 130,000 HCR | 49% | 1,398,000,000 HCR |
| > 135,000 HCR | 49% | 1,276,000,000 HCR | Total | 587,467,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 81 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 69 |
| Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
| Random quote: "Democracy means simply the bludgeoning of the people by the people for the people." - Oscar Wilde |