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Bill: Income tax proposal of July 2327
Details
Submitted by[?]: Marxist-Socialist Party of Hobrazia
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: March 2328
Description[?]:
The Marxist-Socialist Party of Hobrazia propose to adjust the government's income tax policy to better address the economic situation of the Republic of Hobrazia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 15
Proposed: 30
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 7
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 16
Current: 50
Proposed: 20
Article 4
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 | 18% | 99,800,000,000 HCR |
> 20,000 HCR | 30% | 220,296,000,000 HCR |
> 40,000 HCR | 42% | 143,665,000,000 HCR |
> 60,000 HCR | 61% | 152,231,000,000 HCR |
> 100,000 HCR | 64% | 16,710,000,000 HCR |
> 120,000 HCR | 66% | 9,714,000,000 HCR | Total | 642,416,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
Date | 15:40:14, December 11, 2006 CET | From | Clyrvská Dynastia | To | Debating the Income tax proposal of July 2327 |
Message | You propose to tax people for food and clothing? You sick left wing idealists. |
Date | 17:47:17, December 11, 2006 CET | From | National Imperial Hobrazian Front | To | Debating the Income tax proposal of July 2327 |
Message | We can't support a tax on essential goods. |
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Voting
Vote | Seats | ||||||
yes | Total Seats: 6 | ||||||
no |
Total Seats: 394 | ||||||
abstain | Total Seats: 0 |
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