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Bill: Income tax proposal of August 2440

Details

Submitted by^[?]: CSA Communist Party of the DPRK

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: April 2441

Description^[?]:

The The Liberal Socialist Party of the DPRK 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	3%	3,576,000,000 KKR
> 30,000 KKR	25%	23,731,000,000 KKR
> 35,000 KKR	30%	34,127,000,000 KKR
> 42,000 KKR	33%	12,494,000,000 KKR
> 45,000 KKR	45%	20,880,000,000 KKR
> 50,000 KKR	47%	16,553,000,000 KKR
> 55,000 KKR	57%	15,743,000,000 KKR
> 60,000 KKR	63%	16,632,000,000 KKR
> 65,000 KKR	70%	15,859,000,000 KKR
> 70,000 KKR	72%	25,399,000,000 KKR
> 80,000 KKR	75%	8,927,000,000 KKR
> 85,000 KKR	77%	5,656,000,000 KKR
> 89,000 KKR	78%	1,171,000,000 KKR
Total		200,748,000,000 KKR

Debate

These messages have been posted to debate on this bill:

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Voting

Vote

Seats

yes

CSA Communist Party of the DPRK (287)

Total Seats: 287

Total Seats: 346

abstain

Total Seats: 117

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