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Bill: Income tax proposal of April 2390
Details
Submitted by[?]: Communist Party of Kazulia
Status[?]: passed
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: December 2390
Description[?]:
The Peoples' Party propose to adjust the government's income tax policy to better address the economic situation of the Republika Kazulia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 18
Current: 25
Proposed: 25
Article 2
Proposal[?] to change The nation's defence industry.
Old value:: The state owns national defence industries but these exist alongside privately owned defence industries.
Current: The state owns national defence industries but these exist alongside privately owned defence industries.
Proposed: The state owns all defence industries.
Article 3
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 15
Proposed: 2
Article 4
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Article 5
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 20
Proposed: 10
Article 6
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 |
> 200 KKR | 10% | 57,981,000,000 KKR |
> 10,000 KKR | 99% | 1,215,216,000,000 KKR | Total | 1,273,197,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 341 | ||
no | Total Seats: 128 | ||
abstain | Total Seats: 0 |
Random fact: Before creating a party organisation, check to see whether there are any existing organisations which cover the same agenda. |
Random quote: "When anger rises, think of the consequences." - Confucius |