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Bill: Income tax proposal of August 2484
Details
Submitted by[?]: Middleton 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: May 2485
Description[?]:
| Because the recent cutback in spending has been passed, we would like to propose a new income tax system, especially because our current surplus is 71,026,336,221 KKR. However, this new system is very much open to debate and suggestions. For the curious, our current revenue from income tax is 766,559,921,990 KKR, making our total income 1,068,226,336,221 KKR while our expenses are 997,200,000,000 KKR. This adjustment should make our total income 1,009,155,414,231 KKR - still above our expenses previously listed. |
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 |
| > 1,000 KKR | 18% | 95,739,000,000 KKR |
| > 10,000 KKR | 22% | 64,767,000,000 KKR |
| > 15,000 KKR | 23% | 46,815,000,000 KKR |
| > 20,000 KKR | 25% | 37,107,000,000 KKR |
| > 25,000 KKR | 28% | 33,362,000,000 KKR |
| > 30,000 KKR | 32% | 30,372,000,000 KKR |
| > 35,000 KKR | 34% | 28,479,000,000 KKR |
| > 40,000 KKR | 38% | 25,786,000,000 KKR |
| > 45,000 KKR | 41% | 19,025,000,000 KKR |
| > 50,000 KKR | 43% | 15,142,000,000 KKR |
| > 55,000 KKR | 45% | 12,430,000,000 KKR |
| > 60,000 KKR | 48% | 12,674,000,000 KKR |
| > 65,000 KKR | 50% | 39,396,000,000 KKR | Total | 461,094,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
| Date | 00:41:07, November 12, 2007 CET | From | Guds og Konges Kjemprene | To | Debating the Income tax proposal of August 2484 |
| Message | Yes, of course. This is much better. |
| Date | 00:51:54, November 12, 2007 CET | From | CSA Communist Party of the DPRK | To | Debating the Income tax proposal of August 2484 |
| Message | for. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 492 | |||||
| no | Total Seats: 0 | |||||
| abstain | Total Seats: 258 |
| Random fact: "Spamming", or the indiscriminate posting of unsolicited messages, is not allowed. |
| Random quote: "The trouble with practical jokes is that very often they get elected." - Will Rogers |