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Bill: Income tax proposal of October 2434
Details
Submitted by[?]: National Arab Party of Kafuristan
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: June 2435
Description[?]:
| The National Arab Party of Kafuristan 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 |
| > 500 KAF | 5% | 1,448,000,000 KAF |
| > 1,000 KAF | 14% | 32,427,000,000 KAF |
| > 5,000 KAF | 27% | 294,036,000,000 KAF |
| > 25,000 KAF | 30% | 306,335,000,000 KAF | Total | 634,246,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
| Date | 02:33:08, July 27, 2007 CET | From |  National Arab Party of Kafuristan | To | Debating the Income tax proposal of October 2434 |
| Message | How can we accept the budget reductions without an appropiate reductions in taxation. |
| Date | 02:49:25, July 27, 2007 CET | From | Democratic Party | To | Debating the Income tax proposal of October 2434 |
| Message | Tax reductions are good. Deficits are not. |
| Date | 23:34:07, July 27, 2007 CET | From | National Arab Party of Kafuristan | To | Debating the Income tax proposal of October 2434 |
| Message | Keynesian economists > other economists. |
| Date | 04:05:26, July 28, 2007 CET | From | Democratic Party | To | Debating the Income tax proposal of October 2434 |
| Message | Perhaps, but I would not trust you to manage the economy sucessfullly. |
| Date | 20:41:03, July 28, 2007 CET | From | National Arab Party of Kafuristan | To | Debating the Income tax proposal of October 2434 |
| Message | We aren't even managing it. Isn't it free market? |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 248 | |||
| no | Total Seats: 257 | |||
| abstain | Total Seats: 0 |
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