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Bill: Conservative Tax Break Act Feburary 4524
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 not pass any sooner than the deadline.
Voting deadline: August 4525
Description[?]:
The 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
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 22
Current: 9
Proposed: 0
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 |
> 9,999 HLR | 6% | 33,369,000,000 HLR |
> 19,999 HLR | 13% | 86,612,000,000 HLR |
> 39,999 HLR | 17% | 31,962,000,000 HLR |
> 49,999 HLR | 24% | 33,575,000,000 HLR |
> 59,999 HLR | 29% | 48,278,000,000 HLR |
> 79,999 HLR | 34% | 25,052,000,000 HLR |
> 100,000 HLR | 44% | 8,148,000,000 HLR | Total | 266,996,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
Date | 17:23:25, January 31, 2019 CET | From | Hutori Party | To | Debating the Conservative Tax Break Act Feburary 4524 |
Message | Mr Speaker, This bill is the second part of our budget plan this year. Upon passage of our budget, we will have roughly a 79 Billion Lira surplus. This bill will give a lot of that money back to the people while retaining a healthy surplus of approximately 23.8 Billion Lira incase of emergency. Paul McKay MP for Wrightstown Fort Bishop Minister of Finance |
Date | 08:32:31, February 02, 2019 CET | From | Hutori Party | To | Debating the Conservative Tax Break Act Feburary 4524 |
Message | OOC: with the amended budget the surplus will be 13.8 billion instead of 23.8 billion. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 95 | ||||
no | Total Seats: 82 | ||||
abstain | Total Seats: 28 |
Random fact: The people in your nation don't like inactive parties. When you often abstain from voting for a bill, they will dislike your party and your visibility to the electorate will decrease significantly. Low visibility will means you are likely to lose seats. So keep in mind: voting Yes or No is always better than Abstaining. |
Random quote: "It is the absolute right of the State to supervise the formation of public opinion." - Joseph Goebbels |