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Bill: L-32: Liberal Budget Plan
Details
Submitted by[?]: Labour Party of Hutori
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: September 4082
Description[?]:
| The Liberal Party of Hutori propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Hutori. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 5
Current: 9
Proposed: 15
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 27
Proposed: 20
Article 3
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 HLR | 10% | 45,319,000,000 HLR |
| > 18,000 HLR | 13% | 46,939,000,000 HLR |
| > 26,000 HLR | 18% | 47,141,000,000 HLR |
| > 34,000 HLR | 28% | 53,098,000,000 HLR |
| > 42,000 HLR | 33% | 86,197,000,000 HLR |
| > 58,000 HLR | 38% | 33,305,000,000 HLR |
| > 66,000 HLR | 43% | 50,206,000,000 HLR |
| > 83,000 HLR | 45% | 35,380,000,000 HLR | Total | 397,585,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
| Date | 21:27:34, August 29, 2016 CET | From | Uniform Federalist Branch | To | Debating the L-32: Liberal Budget Plan |
| Message | "Mr Speaker My party can not support anything other than a flat income tax" -Keck Jimson, UFB party leader |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 268 | ||||
| no |
Total Seats: 332 | ||||
| abstain |
Total Seats: 0 |
| Random fact: Dorvik is a nation based on Germanic and old Prussian cultures, it is located on the far north of Artania, making it an almost arctic nation. |
| Random quote: "I'm not an environmentalist. I'm an earth warrior." - Darryl Cherney |