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Bill: Bill C-33: Tax Reformation Act
Details
Submitted by[?]: Liberal Party of Hutori
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: December 4236
Description[?]:
| The Conservative 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 Sales tax on luxury goods.
Old value:: 18
Current: 27
Proposed: 20
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 |
| > 12,500 HLR | 10% | 63,406,000,000 HLR |
| > 25,000 HLR | 20% | 78,583,000,000 HLR |
| > 37,500 HLR | 30% | 73,322,000,000 HLR |
| > 50,000 HLR | 40% | 67,459,000,000 HLR |
| > 62,500 HLR | 50% | 54,843,000,000 HLR |
| > 75,000 HLR | 60% | 72,815,000,000 HLR | Total | 410,428,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
| Date | 15:26:24, July 03, 2017 CET | From |  Liberal Party of Hutori | To | Debating the Bill C-33: Tax Reformation Act |
| Message | Mr. Speaker This new Taxation Policy will both address our current raging defict in preparation for our new budget, but in addition will also simplify the tax code instead of the broken shamble it was before. We are also adding in a temporary bump in the LST to avoid introducing a Corporate Tax Rate or EST. Ultimately this new tax plan will add approximately 20 Billion HLR in additional government revenue will add us in creating our new budget. We open this Tax Policy for debate. Daniel Mackenzie Minister of Finance Senator for Carter City Heritage Hills |
| Date | 15:30:07, July 03, 2017 CET | From | Social Liberal Party | To | Debating the Bill C-33: Tax Reformation Act |
| Message | Mr. Speaker Me and my party are completely agree with Conservative Budget review. We must do everything to adjust our economic decifit. Ann Richardson (SL-LA) Social Liberal Senate leader Senator for Constantine |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 515 | |||||
| no |
Total Seats: 85 | |||||
| abstain | Total Seats: 0 |
| Random fact: When you join the game, you will find yourself with only zero seats. That's because your party's representatives haven't been elected yet. You need to establish your party's position on issues by proposing several bills that your party wants passed and sending them to vote. This raises your visibility and if you do it enough, you will win seats at the next election. |
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