We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of April 4362
Details
Submitted by[?]: Hutori Party
Status[?]: defeated
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: December 4362
Description[?]:
| The Progressive 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% | 35,194,000,000 HLR |
| > 27,500 HLR | 18% | 63,765,000,000 HLR |
| > 40,000 HLR | 33% | 62,177,000,000 HLR |
| > 50,000 HLR | 43% | 72,526,000,000 HLR |
| > 62,500 HLR | 58% | 63,637,000,000 HLR |
| > 75,000 HLR | 68% | 82,531,000,000 HLR | Total | 379,830,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
| Date | 16:07:30, March 13, 2018 CET | From | Hutori Party | To | Debating the Income tax proposal of April 4362 |
| Message | Mr Speaker, With this new taxation model, we are giving everybody in Hutori a tax cut. The lowest tax bracket will recieve a cut of 3% while each bracket above it will recieve a cut of 2%. Should both this tax bill and our budget bill pass, Hutori will go from a deficit of approximately 2 Billion HLR, to a surplus of approximately 3 Billion HLR. We are proud to present these changes and allow Hutorians to keep more of their hard earned money. Aaron Scheer Minister of Finance MP for Woodhurst - Airdrie |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes |
Total Seats: 273 | |||
| no | Total Seats: 170 | |||
| abstain |
Total Seats: 162 |
| Random fact: Don't put "the" as the first word in your party name, because when parties are referred to in news reports, their names are preceded with "the", e.g. the [Socialist Party] has lost. |
| Random quote: "All within the state; nothing outside the state; nothing against the state." - Benito Mussolini |