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Bill: Income tax proposal of September 2416
Details
Submitted by[?]: Kafuri Socialist Party
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 2417
Description[?]:
| The Kafuri Socialist Party propose to adjust the government's income tax policy to better address the economic situation of the United Majatran Republic of Kafuristan. |
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 KAF | 35% | 101,127,000,000 KAF |
| > 15,000 KAF | 40% | 109,114,000,000 KAF |
| > 20,000 KAF | 45% | 106,252,000,000 KAF |
| > 25,000 KAF | 50% | 97,201,000,000 KAF |
| > 30,000 KAF | 55% | 453,219,000,000 KAF | Total | 866,913,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
| Date | 23:29:37, June 20, 2007 CET | From | Kafuri Socialist Party | To | Debating the Income tax proposal of September 2416 |
| Message | -67,773,476,078 KAF |
| Date | 23:32:14, June 21, 2007 CET | From |  National Arab Party of Kafuristan | To | Debating the Income tax proposal of September 2416 |
| Message | This proposal will give us a needless surplus of about 60 billion (assuming five billion to be gained in economic growth). |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 118 | |||
| no | Total Seats: 382 | |||
| abstain | Total Seats: 0 |
| Random fact: The grey space in the east is populated by the forum-based countries, known in-game as the former colonies or the "Third World". These countries are managed by the Third World Coordinator but players can request control of individual countries in the Third World Control Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=8302 |
| Random quote: "Those who are too smart to engage in politics are punished by being governed by those who are dumber." - Plato |