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Bill: HSD32 - Omnibus Budget Reconciliation Act of November 2227
Details
Submitted by[?]: Hutori Social Democrats
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: July 2228
Description[?]:
| The Hutori Social Democrats propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Hutori. |
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 HLR | 2% | 15,484,000,000 HLR |
| > 25,000 HLR | 4% | 17,908,000,000 HLR |
| > 40,000 HLR | 6% | 11,270,000,000 HLR |
| > 50,000 HLR | 8% | 11,184,000,000 HLR |
| > 60,000 HLR | 11% | 11,203,000,000 HLR |
| > 70,000 HLR | 14% | 9,059,000,000 HLR |
| > 80,000 HLR | 17% | 7,122,000,000 HLR |
| > 90,000 HLR | 20% | 10,102,000,000 HLR | Total | 93,332,000,000 HLR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 224 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 106 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: "We are told that this is an odious and unpopular tax. I never knew a tax that was not odious and unpopular with the people who paid it." - John Sherman |