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Bill: Income tax proposal of April 2420
Details
Submitted by[?]: Kazulian Labour 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: December 2420
Description[?]:
The Kazulian Labour Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic People's Republic of Kazulia. |
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 |
> 25,000 KKR | 17% | 36,377,000,000 KKR |
> 35,000 KKR | 28% | 42,423,000,000 KKR |
> 45,000 KKR | 33% | 70,698,000,000 KKR | Total | 149,498,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
Date | 00:25:35, June 28, 2007 CET | From | The Democratic Socialists of Kazulia | To | Debating the Income tax proposal of April 2420 |
Message | I would like this to be altered to where under 15,000 is 0% tax, under 25,000 is 15% tax, under 35,000 is 33% tax, under 50,000 is 39% tax, under 75,000 is 45% tax. However, for the time being, I shall vote yes. |
Date | 00:31:28, June 28, 2007 CET | From | Kazulian Labour Party | To | Debating the Income tax proposal of April 2420 |
Message | We would agree with that proposal, however we feel that the tax system should be changed gradually, not suddenly. |
Date | 00:32:45, June 28, 2007 CET | From | The Democratic Socialists of Kazulia | To | Debating the Income tax proposal of April 2420 |
Message | That is true. When should the next change occur? |
Date | 20:24:36, June 28, 2007 CET | From | Kazulian Labour Party | To | Debating the Income tax proposal of April 2420 |
Message | In about six months to a year, I would say. |
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Voting
Vote | Seats | |||
yes |
Total Seats: 61 | |||
no |
Total Seats: 18 | |||
abstain |
Total Seats: 21 |
Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
Random quote: "I worked at a factory owned by Germans, at coal pits owned by Frenchmen, and at a chemical plant owned by Belgians. There I discovered something about capitalists. They are all alike, whatever the nationality. All they wanted from me was the most work for the least money that kept me alive. So I became a communist." - Nikita Khrushchev |