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Bill: Income tax proposal of September 4471
Details
Submitted by[?]: Socialist Party of Hulstria and Gao-Soto
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: May 4472
Description[?]:
The Revolutionary Vanguard Party of Hulstria propose to adjust the government's income tax policy to better address the economic situation of the The People's Revolutionary Republic of Hulstaria and Gao-Soto/Die Revolutionäre Republik der Republik Hulstaria und Gao-Soto/ハルツィアとガオソートの人民革命共和国(Harutsu~ia to Gaosōto no Jinmin Kakumei Kyōwakoku). |
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 |
> 20,000 HCR | 10% | 51,039,000,000 HCR |
> 30,000 HCR | 20% | 29,978,000,000 HCR |
> 35,000 HCR | 32% | 38,521,000,000 HCR |
> 40,000 HCR | 42% | 145,306,000,000 HCR |
> 60,000 HCR | 60% | 65,989,000,000 HCR |
> 70,000 HCR | 68% | 216,963,000,000 HCR | Total | 547,796,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 625 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
Random quote: "Unlike the world of free-markets, in political government when some individuals win, other individuals lose." - Robert Klassen |