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Bill: Income tax proposal of October 4026
Details
Submitted by[?]: 民主党 (Democratic 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: June 4027
Description[?]:
Following a huge surplus, we believe these minor alterations to the taxation bracket are now affordable. |
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 | 5% | 14,248,000,000 HCR |
> 10,000 HCR | 15% | 85,489,000,000 HCR |
> 20,000 HCR | 20% | 102,205,000,000 HCR |
> 30,000 HCR | 25% | 67,668,000,000 HCR |
> 40,000 HCR | 30% | 56,845,000,000 HCR |
> 50,000 HCR | 35% | 54,949,000,000 HCR |
> 60,000 HCR | 40% | 44,083,000,000 HCR |
> 70,000 HCR | 45% | 37,781,000,000 HCR |
> 80,000 HCR | 50% | 29,298,000,000 HCR |
> 90,000 HCR | 55% | 26,228,000,000 HCR |
> 100,000 HCR | 60% | 22,473,000,000 HCR |
> 110,000 HCR | 65% | 19,948,000,000 HCR |
> 120,000 HCR | 70% | 20,177,000,000 HCR |
> 130,000 HCR | 75% | 24,271,000,000 HCR | Total | 605,663,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 450 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 0 |
Random fact: Party candidates for head of state elections are not visible to the public. This means that you cannot see who will run and who will not, which adds another strategic element to the elections. |
Random quote: "You have all the characteristics of a popular politician: a horrible voice, bad breeding, and a vulgar manner." Aristophanes (450 BC - 388 BC), Knights, 424 B.C. |