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Bill: Income Tax Act (2607)
Details
Submitted by[?]: Keymon Socialist 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: March 2608
Description[?]:
Resolved, that a national income tax shall be implemented in the Grand Duchy of Keymon and the tax rates shall be as follows: |
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 |
> 10,000 KED | 9% | 3,578,000,000 KED |
> 20,000 KED | 18% | 2,881,000,000 KED |
> 35,000 KED | 25% | 144,000,000 KED | Total | 6,603,000,000 KED |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes | Total Seats: 23 | ||||
no | Total Seats: 0 | ||||
abstain | Total Seats: 17 |
Random fact: "Jezvraljogadsrlji" means "Social" in the Jelbic languages. |
Random quote: "When the tyrant has disposed of foreign enemies by conquest or treaty, and there is nothing to fear from them, then he is always stirring up some war or other in order that the people may require a leader." - Plato |