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Bill: Hutorian Tax Break Act 4488
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 not pass any sooner than the deadline.
Voting deadline: March 4490
Description[?]:
| The Hutori First Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Hutori. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 30
Current: 9
Proposed: 18
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 |
| > 25,000 HLR | 8% | 35,862,000,000 HLR |
| > 40,000 HLR | 18% | 47,381,000,000 HLR |
| > 55,000 HLR | 28% | 46,719,000,000 HLR |
| > 70,000 HLR | 38% | 33,283,000,000 HLR |
| > 85,000 HLR | 50% | 25,454,000,000 HLR |
| > 100,000 HLR | 70% | 13,006,000,000 HLR | Total | 201,705,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 117 | ||||
| no | Total Seats: 55 | ||||
| abstain | Total Seats: 33 |
| Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
| Random quote: "The liberal state is a mask behind which there is no face; it is a scaffolding behind which there is no building." - Benito Mussolini |