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Bill: Income tax proposal of January 2717
Details
Submitted by[?]: Kirlawan People's Justice 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: December 2717
Description[?]:
| The Kirlawan People's Justice Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Kirlawa. |
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 |
| > 200,000 KDI | 24% | 1,225,210,000,000 KDI |
| > 400,000 KDI | 40% | 895,353,000,000 KDI |
| > 600,000 KDI | 70% | 436,252,000,000 KDI | Total | 2,556,815,000,000 KDI |
Debate
These messages have been posted to debate on this bill:
| Date | 11:00:35, February 25, 2009 CET | From |  Kirlawan People's Justice Party | To | Debating the Income tax proposal of January 2717 |
| Message | A tax reduction for our lowest remaining tax bracket. Although it might look small, it means everyone making over 400k KDI would keep an additional 2000 KDI; everyone with incomes below 200k already pay no income tax; and everyone between 200k and 400k, receive part of this 2000 KDI, scaled accordingly. |
| Date | 02:00:32, March 01, 2009 CET | From | Kirlawan People's Justice Party | To | Debating the Income tax proposal of January 2717 |
| Message | We're confused as to why the DFM oppose the reduction of an income tax rate? |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 405 | ||
| no | Total Seats: 218 | ||
| abstain | Total Seats: 94 |
| Random fact: Information about the population of each country can be found on the Population Information thread: http://forum.particracy.net/viewtopic.php?f=5&t=8663 |
| Random quote: "One day our descendants will think it incredible that we paid so much attention to things like the amount of melanin in our skin or the shape of our eyes or our gender instead of the unique identities of each of us as complex human beings." - Franklin Thomas |