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Bill: Income tax proposal of October 2617
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: September 2618
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 |
> 53,750 KRB | 1% | 1,772,000,000 KRB |
> 56,875 KRB | 2% | 3,544,000,000 KRB |
> 60,000 KRB | 3% | 14,503,000,000 KRB |
> 68,750 KRB | 4% | 8,864,000,000 KRB |
> 73,125 KRB | 5% | 5,373,000,000 KRB |
> 75,310 KRB | 8% | 2,133,000,000 KRB |
> 75,857 KRB | 10% | 2,671,000,000 KRB |
> 76,405 KRB | 11% | 2,893,000,000 KRB |
> 76,950 KRB | 13% | 1,722,000,000 KRB |
> 77,225 KRB | 15% | 1,987,000,000 KRB |
> 77,500 KRB | 18% | 143,588,000,000 KRB |
> 95,000 KRB | 20% | 143,174,000,000 KRB |
> 112,500 KRB | 24% | 136,840,000,000 KRB |
> 130,000 KRB | 29% | 139,196,000,000 KRB |
> 150,000 KRB | 31% | 235,855,000,000 KRB |
> 200,000 KRB | 33% | 127,015,000,000 KRB |
> 250,000 KRB | 36% | 67,573,000,000 KRB |
> 300,000 KRB | 38% | 21,518,000,000 KRB |
> 350,000 KRB | 40% | 10,917,000,000 KRB |
> 400,000 KRB | 41% | 11,625,000,000 KRB | Total | 1,082,763,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 487 | ||||
no | Total Seats: 85 | ||||
abstain |
Total Seats: 178 |
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