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Bill: Income tax proposal of April 2125
Details
Submitted by[?]: Sect of the Green Moon
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: January 2128
Description[?]:
| The Economic Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Kafuristan. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 14
Current: 25
Proposed: 10
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 10
Proposed: 0
Article 3
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 |
| > 1 KAF | 10% | 57,889,000,000 KAF |
| > 10,000 KAF | 15% | 84,415,000,000 KAF |
| > 20,000 KAF | 20% | 251,487,000,000 KAF | Total | 393,791,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
| Date | 22:11:55, October 13, 2005 CET | From | The Raging Bull Zealots of Zidine | To | Debating the Income tax proposal of April 2125 |
| Message | I really think there needs to be more brackets for income tax |
| Date | 05:20:30, October 14, 2005 CET | From | Old School Liberal Party | To | Debating the Income tax proposal of April 2125 |
| Message | There do need to be more brackets in income tax. The present system is better. Also, this will decrease revenue from income taxes, meaning we lose a whole lot of revenue from this. We're against. |
| Date | 02:39:48, October 15, 2005 CET | From | Sect of the Green Moon | To | Debating the Income tax proposal of April 2125 |
| Message | Yes but theorecticly if the government spends non-existant tax money, then there will be high inflation and the money supply will meet the government's needs. |
| Date | 23:50:16, October 17, 2005 CET | From | Communist Party of Kafuristan | To | Debating the Income tax proposal of April 2125 |
| Message | High inflation, brilliant strategy. Yes, I am being sarcastic. |
| Date | 07:14:17, October 18, 2005 CET | From | Old School Liberal Party | To | Debating the Income tax proposal of April 2125 |
| Message | Yeah. the economists that work for us cry for the future of our country, between the "Economic" Party and the Communists. |
| Date | 23:30:31, October 18, 2005 CET | From | Communist Party of Kafuristan | To | Debating the Income tax proposal of April 2125 |
| Message | Are you TRYING to entirely mess up our funding? |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 129 | |||
| no | Total Seats: 140 | |||
| abstain |
Total Seats: 31 |
| Random fact: In Culturally Protected nations, special care must be taken to ensure realism is maintained when role-playing a government controlled by an ethnic and/or religious minority. If it is to be supposed that this government is supported by a majority of the population, then this should be plausibly and sufficiently role-played. The burden of proof is on the player or players role-playing such a regime to demonstrate that it is being done realistically |
| Random quote: "Sometimes democracy must be bathed in blood." - Augusto Pinochet |