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Bill: Income tax proposal of August 4405
Details
Submitted by[?]: HDV-Doumeitō
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: April 4406
Description[?]:
The Hosianisch-Demokratisches Verbund propose to adjust the government's income tax policy to better address the economic situation of the Bundesrepublik Hulsterreich und Mikuni - Ōsutoria Renpō Haruzuterusuaiku undo Gao-Soto (Federal Republic of Hulstria and Mikuni). |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 10
Current: 5
Proposed: 12
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 15
Proposed: 27
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 20
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 |
> 10,000 HCR | 20% | 170,946,000,000 HCR |
> 25,000 HCR | 35% | 349,559,000,000 HCR |
> 75,000 HCR | 50% | 136,797,000,000 HCR | Total | 657,302,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 500 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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