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Bill: DL - 114 Income tax proposal of May 4677
Details
Submitted by[?]: Devpratimist League
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: January 4678
Description[?]:
The Devpratimist League propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic Hulstria and Gao-Soto (Hulstria and Gao-Soto). |
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 |
> 1 HCR | 1% | 569,000,000 HCR |
> 1,000 HCR | 3% | 11,109,000,000 HCR |
> 7,500 HCR | 7% | 29,909,000,000 HCR |
> 15,000 HCR | 10% | 56,970,000,000 HCR |
> 25,000 HCR | 15% | 74,492,000,000 HCR |
> 40,000 HCR | 20% | 37,893,000,000 HCR |
> 50,000 HCR | 25% | 78,170,000,000 HCR |
> 75,000 HCR | 30% | 43,300,000,000 HCR |
> 100,000 HCR | 35% | 28,830,000,000 HCR |
> 125,000 HCR | 40% | 16,184,000,000 HCR |
> 150,000 HCR | 50% | 3,144,000,000 HCR | Total | 380,570,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 390 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 360 |
Random fact: Players should not role-play characters without the consent of the owner, and if they find they have role-played the character beyond what the owner intended, they should withdraw or amend the role-play appropriately. |
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