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Bill: Income tax proposal of January 2526
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 2526
Description[?]:
| The Kafuri Socialist Party (KLC) propose to adjust the government's income tax policy to better address the economic situation of the United Emirates 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 |
| > 1 KAF | 50% | 689,105,000,000 KAF |
| > 25,000 KAF | 60% | 399,550,000,000 KAF |
| > 50,000 KAF | 70% | 164,086,000,000 KAF |
| > 75,000 KAF | 80% | 66,856,000,000 KAF |
| > 100,000 KAF | 90% | 33,289,000,000 KAF |
| > 125,000 KAF | 99% | 0 KAF | Total | 1,352,886,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 333 | ||||
| no |
Total Seats: 305 | ||||
| abstain | Total Seats: 77 |
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