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Bill: Income tax proposal of May 2444
Details
Submitted by[?]: Autonomie d'Ouvrier
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: February 2445
Description[?]:
| The Autonomie d'Ouvrier propose to adjust the government's income tax policy to better address the economic situation of the Confédération des Deux Kanjors. |
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 |
| > 14,000 KRP | 6% | 32,566,000,000 KRP |
| > 30,000 KRP | 18% | 42,848,000,000 KRP |
| > 62,000 KRP | 32% | 14,011,000,000 KRP |
| > 90,000 KRP | 45% | 1,241,000,000 KRP | Total | 90,666,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
| Date | 20:00:18, August 19, 2007 CET | From |  Autonomie d'Ouvrier | To | Debating the Income tax proposal of May 2444 |
| Message | New tax bracket for those with higher incomes. A mild raise on those with moderately high incomes. Everyone else stays the same. |
| Date | 20:02:11, August 19, 2007 CET | From | Kanjoran Centrist Party | To | Debating the Income tax proposal of May 2444 |
| Message | In view of the fact that the budget already is in surplus and in view of the fact that the tax cuts under KCP caused economic growth shouldn't you consider cutting taxes in the lower brackets since you have now added this higher bracket? |
| Date | 20:03:21, August 19, 2007 CET | From | Kanjoran Centrist Party | To | Debating the Income tax proposal of May 2444 |
| Message | You could easily lower the bottom bracket to 4% and I also think you should keep the third bracket at 30% increase it to 32%. |
| Date | 21:47:32, August 19, 2007 CET | From | 2ème PPPP | To | Debating the Income tax proposal of May 2444 |
| Message | Lowering the tax for lower brackets is a good idea. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 200 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 175 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: "Casting a vote shouldn't make you sick." - Ronnie Dugger |