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Bill: Glorious Taxation Proposal (March 2524)
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: November 2524
Description[?]:
| According to 'Farid Economics Bill (2523) (A)', just without the other proposals. |
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 |
| > 650 KAF | 15% | 16,044,000,000 KAF |
| > 2,500 KAF | 20% | 28,909,000,000 KAF |
| > 5,000 KAF | 35% | 101,181,000,000 KAF |
| > 10,000 KAF | 40% | 726,941,000,000 KAF | Total | 873,075,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
| Date | 08:13:00, January 30, 2008 CET | From | The Kuchifey Liberation Party (KLC) | To | Debating the Glorious Taxation Proposal (March 2524) |
| Message | I think we should pay our deficit, so lets keep taxes high |
| Date | 19:58:26, January 30, 2008 CET | From | Republican Party of Kafuristan (KRC) | To | Debating the Glorious Taxation Proposal (March 2524) |
| Message | I think taxes should be low universally, but OK for now. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 450 | |||||
| no |
Total Seats: 265 | |||||
| abstain | Total Seats: 0 |
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