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Bill: Income tax proposal of February 2224
Details
Submitted by[?]: We Say So! 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 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 2225
Description[?]:
| The We Say So! Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Hobrazia. |
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 |
| > 10,000 HCR | 17% | 94,453,000,000 HCR |
| > 20,000 HCR | 30% | 220,795,000,000 HCR |
| > 40,000 HCR | 40% | 137,146,000,000 HCR |
| > 60,000 HCR | 61% | 177,705,000,000 HCR | Total | 630,099,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 16:25:05, May 07, 2006 CET | From |  We Say So! Party | To | Debating the Income tax proposal of February 2224 |
| Message | Reduces the amount of tax paid by citizens by 5bn whilst also maintaining a healthy surplus for future investment. |
| Date | 22:14:17, May 07, 2006 CET | From | Hobrazian Peoples Party | To | Debating the Income tax proposal of February 2224 |
| Message | We do not like the reduction in the total amount and would like to see that the tax-% for the brackets >40.000 and >60.000 would be raised further to compensate the amount reduced for the lowest paid citizens. |
| Date | 09:03:46, May 08, 2006 CET | From | We Say So! Party | To | Debating the Income tax proposal of February 2224 |
| Message | The amount paid by the 60,000+ bracket has compensated 2bn extra from that which was lost, however increasing the tax on higher end earners too much would remove any incentive for increasing their incomes and, thusly, we would lose a large revenue stream. |
| Date | 17:00:55, May 08, 2006 CET | From | Hobrazian Peoples Party | To | Debating the Income tax proposal of February 2224 |
| Message | We are then sorry, but we cannot accept a decrease in the total amount. |
| Date | 09:54:54, May 09, 2006 CET | From | Hobrazian Peoples Party | To | Debating the Income tax proposal of February 2224 |
| Message | If we can raise the sales taxes or the corporation tax we can agree on this one. Not in the current form. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 198 | |||||
| no | Total Seats: 60 | |||||
| abstain | Total Seats: 142 |
| Random fact: Large scale RP planning (such as wars, regional/continental conflicts, economic collapse, etc.) should be planned (as best as it can be) and should have consent of a majority of players involved. |
| Random quote: "The only thing that saves us from bureaucracy is its inefficiency." - Eugene McCarthy |