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Bill: Income tax proposal of April 4204
Details
Submitted by[?]: Kapitalistyczna Partia 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 not pass any sooner than the deadline.
Voting deadline: August 4205
Description[?]:
| The Kapitalistyczna Partia Hobrazia propose to adjust the government's income tax policy to better address the economic situation of the State of Hobrazia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 12
Proposed: 5
Article 2
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 |
| > 47,100 HCR | 6% | 26,192,000,000 HCR |
| > 98,450 HCR | 1% | 439,000,000 HCR | Total | 26,631,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 12:42:23, May 01, 2017 CET | From |  Kapitalistyczna Partia Hobrazia | To | Debating the Income tax proposal of April 4204 |
| Message | Finance Minister Igor Rankin commented: "This revenue-neutral proposal: - takes even more Hobrazians out of the income tax system; - increases taxes on those earning between 76,590 HCR and 98,450 HCR; and - slashes the tax burden on Hobrazian businesses. This is a proposal that will help Hobrazia thrive. I commend it to the Senate." |
| Date | 14:51:39, May 01, 2017 CET | From | Progressive Partia of Hobrazia | To | Debating the Income tax proposal of April 4204 |
| Message | This proposal is far from perfect. However it is a step in the right direction. The PPH will support this measure in hopes that this is a first step for our parties to begin to work together. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 90 | ||
| no | Total Seats: 40 | ||
| abstain | Total Seats: 0 |
| Random fact: It is the collective responsibility of the players in a nation to ensure all currently binding RP laws are clearly outlined in an OOC reference bill in the "Bills under debate" section of the nation page. Confusion should not be created by displaying only some of the current RP laws or displaying RP laws which are no longer current. |
| Random quote: "The Revolution needs to progress. We as humans need to evolve into higher beings through better moral virtues. And we can achieve that if we clean ourselves from the immoral. Those who go against the Revolution, go against human progress and must be freed in the most humane way possible. That is why we introduced the guillotine." - Maximus Robertson, former Davostani revolutionary |