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Bill: Income tax proposal of December 2522
Details
Submitted by[?]: The Kuchifey Liberation Party (KLC)
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 2523
Description[?]:
| The The Kafuri People's Party [KLC] propose to adjust the government's income tax policy to better address the economic situation of the Democratic 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 |
| > 100 KAF | 20% | 1,156,000,000 KAF |
| > 200 KAF | 21% | 1,214,000,000 KAF |
| > 300 KAF | 22% | 1,272,000,000 KAF |
| > 400 KAF | 23% | 1,330,000,000 KAF |
| > 500 KAF | 25% | 1,445,000,000 KAF |
| > 600 KAF | 26% | 1,503,000,000 KAF |
| > 700 KAF | 27% | 1,561,000,000 KAF |
| > 800 KAF | 28% | 1,619,000,000 KAF |
| > 900 KAF | 29% | 1,676,000,000 KAF |
| > 1,000 KAF | 30% | 1,734,000,000 KAF |
| > 1,100 KAF | 31% | 1,792,000,000 KAF |
| > 1,200 KAF | 32% | 925,000,000 KAF |
| > 1,250 KAF | 33% | 954,000,000 KAF |
| > 1,300 KAF | 34% | 3,931,000,000 KAF |
| > 1,500 KAF | 35% | 5,058,000,000 KAF |
| > 1,750 KAF | 37% | 5,347,000,000 KAF |
| > 2,000 KAF | 40% | 11,561,000,000 KAF |
| > 2,500 KAF | 41% | 11,850,000,000 KAF |
| > 3,000 KAF | 42% | 24,278,000,000 KAF |
| > 4,000 KAF | 45% | 26,013,000,000 KAF |
| > 5,000 KAF | 50% | 144,514,000,000 KAF |
| > 10,000 KAF | 60% | 34,683,000,000 KAF |
| > 11,000 KAF | 85% | 196,539,000,000 KAF |
| > 15,000 KAF | 90% | 245,583,000,000 KAF |
| > 20,000 KAF | 95% | 1,192,603,000,000 KAF | Total | 1,920,141,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes |
Total Seats: 521 | |||||
| no | Total Seats: 84 | |||||
| abstain | Total Seats: 110 |
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