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Bill: Income Tax Act of 4495
Details
Submitted by[?]: United Crownlands National 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: October 4495
Description[?]:
| The Government proposes a reduction in income taxes for the middle classes, as an alternative to the Opposition's proposal for lower consumption taxes. Firippu Harā Minister of Finance |
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 |
| > 30,000 HCR | 15% | 40,613,000,000 HCR |
| > 40,000 HCR | 25% | 47,386,000,000 HCR |
| > 50,000 HCR | 38% | 59,679,000,000 HCR |
| > 60,000 HCR | 50% | 214,900,000,000 HCR | Total | 362,578,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 126 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 124 |
| Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
| Random quote: "Corruption is the nightmare that keeps democracy a dream." - Anonymous |