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Bill: Income tax proposal of February 2426
Details
Submitted by[?]: Democratic 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 not pass any sooner than the deadline.
Voting deadline: October 2426
Description[?]:
The Liberal Democratic 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
Proposal[?] to change Sales tax on luxury goods.
Old value:: 1
Current: 25
Proposed: 25
Article 2
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 |
> 1,000 KAF | 1% | 2,310,000,000 KAF |
> 5,000 KAF | 10% | 14,436,000,000 KAF |
> 7,500 KAF | 20% | 28,872,000,000 KAF |
> 10,000 KAF | 29% | 16,746,000,000 KAF |
> 11,000 KAF | 30% | 17,323,000,000 KAF |
> 12,000 KAF | 31% | 17,901,000,000 KAF |
> 13,000 KAF | 32% | 18,478,000,000 KAF |
> 14,000 KAF | 33% | 19,056,000,000 KAF |
> 15,000 KAF | 34% | 19,422,000,000 KAF |
> 16,000 KAF | 35% | 19,466,000,000 KAF |
> 17,000 KAF | 36% | 19,622,000,000 KAF |
> 18,000 KAF | 37% | 20,009,000,000 KAF |
> 19,000 KAF | 38% | 19,482,000,000 KAF |
> 20,000 KAF | 39% | 19,407,000,000 KAF |
> 21,000 KAF | 40% | 19,576,000,000 KAF |
> 22,000 KAF | 41% | 19,650,000,000 KAF |
> 23,000 KAF | 42% | 19,124,000,000 KAF |
> 24,000 KAF | 43% | 18,834,000,000 KAF |
> 25,000 KAF | 44% | 18,601,000,000 KAF |
> 26,000 KAF | 45% | 18,383,000,000 KAF |
> 27,000 KAF | 46% | 18,051,000,000 KAF |
> 28,000 KAF | 47% | 17,188,000,000 KAF |
> 29,000 KAF | 48% | 16,969,000,000 KAF |
> 30,000 KAF | 49% | 137,908,000,000 KAF |
> 40,000 KAF | 50% | 52,490,000,000 KAF |
> 45,000 KAF | 51% | 42,640,000,000 KAF |
> 50,000 KAF | 52% | 33,961,000,000 KAF |
> 55,000 KAF | 53% | 29,617,000,000 KAF |
> 60,000 KAF | 54% | 25,238,000,000 KAF |
> 65,000 KAF | 55% | 20,882,000,000 KAF |
> 70,000 KAF | 56% | 15,732,000,000 KAF |
> 75,000 KAF | 57% | 13,321,000,000 KAF |
> 80,000 KAF | 58% | 11,792,000,000 KAF |
> 85,000 KAF | 59% | 8,820,000,000 KAF |
> 90,000 KAF | 60% | 14,891,000,000 KAF |
> 100,000 KAF | 65% | 13,620,000,000 KAF |
> 110,000 KAF | 70% | 11,179,000,000 KAF |
> 120,000 KAF | 75% | 0 KAF | Total | 850,997,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes | Total Seats: 295 | |||
no | Total Seats: 210 | |||
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: "We here thank those in Deltaria who put [Zardic spy Mona Rivet] to justice in the most humane way possible. With bullets." - Sergio Rodriguez, former Egelian journalist |