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Bill: Income tax proposal of June 2343
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 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 2344
Description[?]:
| The Marxist-Socialist Party of Hobrazia propose to adjust the government's income tax policy to better address the economic situation of the Imperial 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 | 18% | 99,786,000,000 HCR |
| > 20,000 HCR | 29% | 212,961,000,000 HCR |
| > 40,000 HCR | 41% | 140,218,000,000 HCR |
| > 60,000 HCR | 60% | 149,762,000,000 HCR |
| > 100,000 HCR | 61% | 21,588,000,000 HCR |
| > 130,000 HCR | 65% | 3,550,000,000 HCR | Total | 627,865,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 15:02:22, January 12, 2007 CET | From |  Marxist-Socialist Party of Hobrazia | To | Debating the Income tax proposal of June 2343 |
| Message | The MSPoH believes that this is a fair tax cut for the upper and extreme low brackets of our population. It also creates a new bracket for the extremely rich citizens of Hobrazia, mostly the political elite and ensures that we maintain a solid income from taxes. |
| Date | 20:09:18, January 12, 2007 CET | From | We Say So! Party | To | Debating the Income tax proposal of June 2343 |
| Message | So, you reduce taxes for everyone and then negate that reduction by increasing taxes on anyone over 40,000 HCR's whilst still not matching the income levels we have now, sounds a bit cock-eyed to us... |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 50 | |||||
| no |
Total Seats: 221 | |||||
| abstain |
Total Seats: 129 |
| Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
| Random quote: "Because we don't think about future generations, they will never forget us." - Henrik Tikkanen |