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Bill: Income tax proposal of March 4337
Details
Submitted by[?]: Hutori 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: January 4338
Description[?]:
| The Conservative Party of Hutori propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Hutori. |
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 |
| > 15,000 HLR | 6% | 35,198,000,000 HLR |
| > 27,500 HLR | 18% | 63,770,000,000 HLR |
| > 40,000 HLR | 31% | 58,393,000,000 HLR |
| > 50,000 HLR | 42% | 70,847,000,000 HLR |
| > 62,500 HLR | 57% | 62,556,000,000 HLR |
| > 75,000 HLR | 67% | 81,254,000,000 HLR | Total | 372,018,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 401 | ||||
| no |
Total Seats: 63 | ||||
| abstain | Total Seats: 141 |
| Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
| Random quote: "Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage." - Niccolo Machiavelli |