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Bill: Income tax proposal of August 3996
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: April 3997
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). The chancellor of the Treasury has announced his spending plan. Although we as a party do not want higher taxes, we do need more income and so must raise tax slightly. They will be going Down very soon however |
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 |
| > 10,000 HCR | 24% | 67,843,000,000 HCR |
| > 15,000 HCR | 25% | 68,047,000,000 HCR |
| > 20,000 HCR | 25% | 108,622,000,000 HCR |
| > 30,000 HCR | 25% | 75,107,000,000 HCR |
| > 40,000 HCR | 25% | 50,857,000,000 HCR |
| > 50,000 HCR | 25% | 27,123,000,000 HCR |
| > 57,500 HCR | 25% | 7,598,000,000 HCR |
| > 60,000 HCR | 30% | 29,356,000,000 HCR |
| > 70,000 HCR | 35% | 24,722,000,000 HCR |
| > 80,000 HCR | 37% | 30,071,000,000 HCR |
| > 100,000 HCR | 38% | 5,612,000,000 HCR |
| > 110,000 HCR | 40% | 8,247,000,000 HCR |
| > 130,000 HCR | 40% | 1,142,000,000 HCR |
| > 135,000 HCR | 40% | 1,042,000,000 HCR | Total | 505,389,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes | Total Seats: 131 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 19 |
| Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
| Random quote: "The one bonus of not lifting the ban on gays in the military is that the next time the government mandates a draft we can all declare homosexuality instead of running off to Canada." - Lorne Bloch |