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Bill: Income tax proposal of July 2536
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: March 2537
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 |
> 1,000 KAF | 15% | 13,003,000,000 KAF |
> 2,500 KAF | 25% | 21,672,000,000 KAF |
> 4,000 KAF | 35% | 30,341,000,000 KAF |
> 5,500 KAF | 55% | 47,678,000,000 KAF |
> 7,000 KAF | 65% | 56,347,000,000 KAF |
> 8,500 KAF | 75% | 65,016,000,000 KAF |
> 10,000 KAF | 85% | 1,543,978,000,000 KAF | Total | 1,778,035,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||
yes |
Total Seats: 184 | ||||
no |
Total Seats: 508 | ||||
abstain | Total Seats: 23 |
Random fact: The influence a bill has on elections decreases over time, until it eventually is no longer relevant. This can explain shifts in your party's position to the electorate and your visibility. |
Random quote: "Politics is for the present, but an equation is for eternity." - Albert Einstein |