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Bill: Income tax proposal of January 2460
Details
Submitted by[?]: Kafuri Socialist Party
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: September 2460
Description[?]:
| The Kafuri Socialist 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
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 | 40% | 46,325,000,000 KAF |
| > 2,500 KAF | 45% | 13,029,000,000 KAF |
| > 3,000 KAF | 50% | 14,477,000,000 KAF |
| > 3,500 KAF | 55% | 15,924,000,000 KAF |
| > 4,000 KAF | 60% | 17,372,000,000 KAF |
| > 4,500 KAF | 65% | 18,820,000,000 KAF |
| > 5,000 KAF | 70% | 20,267,000,000 KAF |
| > 5,500 KAF | 75% | 21,715,000,000 KAF |
| > 6,000 KAF | 80% | 23,162,000,000 KAF |
| > 6,500 KAF | 85% | 24,610,000,000 KAF |
| > 7,000 KAF | 90% | 26,058,000,000 KAF |
| > 7,500 KAF | 95% | 27,505,000,000 KAF |
| > 8,000 KAF | 99% | 1,917,057,000,000 KAF | Total | 2,186,321,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
| Date | 20:10:09, September 23, 2007 CET | From | Liberal Urban Party | To | Debating the Income tax proposal of January 2460 |
| Message | Hmm.... |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 140 | |||
| no | Total Seats: 267 | |||
| abstain | Total Seats: 98 |
| Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
| Random quote: "A son can bear with equanimity the loss of his father, but the loss of his inheritance may drive him to despair." - Niccolo Machiavelli |