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Bill: Tax proposal of June 4194
Details
Submitted by[?]: Demokratische Partei
Status[?]: passed
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: January 4197
Description[?]:
| The Demokratische Partei propose to adjust the government's income tax policy to better address the economic situation of the Kaisārichu Kuronrendā Mikuni-Hārusutōraikusu (Imperial Crownlands of Mikuni-Hulstria). Mr. Augusutin Kenpu would like to request for members of the people's congress to work on improving this bill, as it's only in the debate phase. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 20
Proposed: 40
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 20
Current: 5
Proposed: 25
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 15
Proposed: 25
Article 4
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 |
| > 1,000 HCR | 40% | 433,151,000,000 HCR |
| > 20,000 HCR | 45% | 351,763,000,000 HCR |
| > 40,000 HCR | 50% | 173,221,000,000 HCR |
| > 60,000 HCR | 55% | 106,724,000,000 HCR |
| > 80,000 HCR | 60% | 63,712,000,000 HCR |
| > 100,000 HCR | 65% | 83,988,000,000 HCR | Total | 1,212,559,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 23:59:48, April 11, 2017 CET | From |  Demokratische Partei | To | Debating the Tax proposal of June 4194 |
| Message | Our nation is already facing a severe debt crisis, but that doesn't mean we should tax all our citizens 75%, tax businesses 50%, and tax luxury goods at 50%. Instead, let's work towards cutting spending and keeping taxes at a sufficient level to where it's not most of a citizens income. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 643 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 0 |
| Random fact: In order for a Cabinet bill to pass, more than half of the legislature must vote for it and all of the parties included in the proposed Cabinet must support it. If your nation has a Head of State who is also the Head of Government, then the party controlling this character must also vote for the bill, since the Head of Government is also a member of the Cabinet. If any of these requirements are not met, the bill will not pass. |
| Random quote: "Before you embark on a journey of revenge, dig two graves." - Confucius |