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Bill: Income tax proposal of July 4034
Details
Submitted by[?]: Hobrazia Hosian Democrat 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: March 4035
Description[?]:
| The Hobrazia Hosian Democrat Party propose to adjust the government's income tax policy to better address the economic situation of the 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 |
| > 2,500 HCR | 30% | 424,373,000,000 HCR |
| > 30,000 HCR | 35% | 56,943,000,000 HCR |
| > 35,000 HCR | 40% | 55,206,000,000 HCR |
| > 40,000 HCR | 45% | 50,583,000,000 HCR |
| > 45,000 HCR | 50% | 223,740,000,000 HCR |
| > 90,000 HCR | 55% | 18,120,000,000 HCR |
| > 100,000 HCR | 60% | 24,578,000,000 HCR | Total | 853,543,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 411 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 239 |
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