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Bill: Income tax proposal of May 2592
Details
Submitted by[?]: Revolutionary Freedom Party -- KEG SLAM
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: January 2593
Description[?]:
| The Revolutionary Freedom Party -- KEG propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Kalistan. |
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 |
| > 35,000 KRB | 2% | 7,101,000,000 KRB |
| > 41,250 KRB | 4% | 14,201,000,000 KRB |
| > 47,500 KRB | 5% | 17,752,000,000 KRB |
| > 53,750 KRB | 7% | 24,852,000,000 KRB |
| > 60,000 KRB | 9% | 82,818,000,000 KRB |
| > 77,500 KRB | 10% | 79,906,000,000 KRB |
| > 95,000 KRB | 13% | 93,225,000,000 KRB |
| > 112,500 KRB | 14% | 79,951,000,000 KRB |
| > 130,000 KRB | 17% | 81,721,000,000 KRB |
| > 150,000 KRB | 19% | 144,769,000,000 KRB |
| > 200,000 KRB | 22% | 84,798,000,000 KRB |
| > 250,000 KRB | 25% | 46,974,000,000 KRB |
| > 300,000 KRB | 28% | 23,534,000,000 KRB |
| > 400,000 KRB | 30% | 8,521,000,000 KRB | Total | 790,123,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
| Date | 05:04:56, June 16, 2008 CET | From | Socialist Party of Kalistan (SPoK) | To | Debating the Income tax proposal of May 2592 |
| Message | Looks great! |
| Date | 14:30:50, June 16, 2008 CET | From | Soviet Communists Party of Kalistan | To | Debating the Income tax proposal of May 2592 |
| Message | Why do you want steal money from people??? Don't you have enought from your businessmen???? |
| Date | 17:32:08, June 16, 2008 CET | From | People's Party of Kalistan | To | Debating the Income tax proposal of May 2592 |
| Message | Yeah, it's like stealing from the poor... |
| Date | 21:34:28, June 16, 2008 CET | From | Socialist Party of Kalistan (SPoK) | To | Debating the Income tax proposal of May 2592 |
| Message | Except while the rich get tax breaks, they are stealing money from the poor by making it difficult for the Republic to adequately fund social programs that the poor benefit. So the rich get to afford their own doctors, their own schools, and all the best organic food, whiel the poor get to die in the streets for want of medicine or from poverty driven crime. The more the rich pay their fair share, the better off the entire society is. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 325 | ||||
| no | Total Seats: 274 | ||||
| abstain |
Total Seats: 0 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "Poetry is about the grief; politics is about the grievance." - Robert Frost |