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Bill: Income tax proposal of July 2328
Details
Submitted by[?]: Gao-Showa Imperial Party
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: March 2329
Description[?]:
| The Current Budget Surplus allows us to cut the tax burden on the public |
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 |
| > 2,000 HCR | 20% | 307,189,000,000 HCR |
| > 30,000 HCR | 38% | 276,142,000,000 HCR |
| > 70,000 HCR | 49% | 156,444,000,000 HCR | Total | 739,775,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes | Total Seats: 369 | |||
| no |
Total Seats: 55 | |||
| abstain |
Total Seats: 261 |
| Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
| Random quote: "Democracy is a pathetic belief in the collective wisdom of individual ignorance." - H. L. Mencken |