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Bill: Income Tax Proposal (LDS)
Details
Submitted by[?]: Liberal Urban 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: August 2469
Description[?]:
| The Liberal Democratic Socialists propose to adjust the government's income tax policy to better address the economic situation of the United Majatran Republic of Kafuristan, due to the possibility of brutal war ahead. After passing the dangerous age, we shall change things. |
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 | 50% | 14,433,000,000 KAF |
| > 1,000 KAF | 50% | 259,799,000,000 KAF |
| > 10,000 KAF | 75% | 216,499,000,000 KAF |
| > 15,000 KAF | 80% | 218,008,000,000 KAF |
| > 20,000 KAF | 85% | 200,465,000,000 KAF |
| > 25,000 KAF | 90% | 597,524,000,000 KAF |
| > 50,000 KAF | 95% | 336,367,000,000 KAF | Total | 1,843,095,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes | Total Seats: 279 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 226 |
| Random fact: Alduria, Rildanor and Lourenne all have Canrilaise (French) cultures. |
| Random quote: "Nature provides a free lunch, but only if we control our appetites." - William Ruckelshaus |