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Bill: Social Reform Bill 40: Revenue Enhancement and Progressive Tax Rate Act
Details
Submitted by[?]: Kristen Socialdemokratisk Partiet
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: February 2654
Description[?]:
| This is the 40th bill in the Social Reform series. This bill proposes to create a more progressive tax rate. It would create tax cuts for many, while still giving our country a higher surplus. The reason we did percentages with 4 and 9's is simple. It would provide the lowest tax rate for citizens while maintaning our current or a higher surplus. Most of the welathiest members of society will not have to pay a penny more, except for the moguls who run the large monopolies in the business world. Many middle class taxpayers will receive a tax cut, to their benefit. Progressive tax rates will help spread taxes throughout society, in order for the society to run more efficiently. This bill includes proposals to change: (It changes tax rates) Thank you for your support! |
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 |
| > 25,000 KKR | 14% | 8,831,000,000 KKR |
| > 27,500 KKR | 19% | 19,862,000,000 KKR |
| > 32,500 KKR | 24% | 40,001,000,000 KKR |
| > 42,500 KKR | 29% | 44,438,000,000 KKR |
| > 62,500 KKR | 34% | 26,166,000,000 KKR |
| > 82,500 KKR | 39% | 5,761,000,000 KKR | Total | 145,059,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 232 | ||
| no | Total Seats: 149 | ||
| abstain |
Total Seats: 119 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "For among other evils caused by being disarmed, it renders you contemptible; which is one of those disgraceful things which a prince must guard against." - Niccolo Machiavelli |