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Bill: Income tax proposal of March 2736
Details
Submitted by[?]: Cathartic Crisis Coalition
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: June 2737
Description[?]:
| The Conservative Party of Kalistan propose to adjust the government's income tax policy to better address the economic situation of the Free and United Country 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 |
| > 60,000 KRB | 10% | 54,820,000,000 KRB |
| > 70,000 KRB | 15% | 73,689,000,000 KRB |
| > 80,000 KRB | 20% | 178,934,000,000 KRB |
| > 100,000 KRB | 22% | 167,564,000,000 KRB |
| > 120,000 KRB | 25% | 245,151,000,000 KRB |
| > 160,000 KRB | 27% | 154,183,000,000 KRB |
| > 200,000 KRB | 30% | 171,887,000,000 KRB |
| > 300,000 KRB | 32% | 35,709,000,000 KRB |
| > 450,000 KRB | 35% | 373,000,000 KRB |
| > 500,000 KRB | 38% | 0 KRB | Total | 1,082,310,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
| Date | 22:48:37, April 04, 2009 CET | From | Cathartic Crisis Coalition | To | Debating the Income tax proposal of March 2736 |
| Message | A Brand new, comprehensive Tax system, designed to greatly lower Taxes, and increase flow of Capital. The economy has always flourished under lower taxes, and we ask all to support. |
| Date | 22:49:19, April 04, 2009 CET | From | Cathartic Crisis Coalition | To | Debating the Income tax proposal of March 2736 |
| Message | We have lowered Taxes considerably, and will adjust the budget accordingly. |
| Date | 23:37:17, April 04, 2009 CET | From | Socialist Party of Kalistan (SPoK) | To | Debating the Income tax proposal of March 2736 |
| Message | We have mixed feelings on this tax bill. On the one hand it is progressive, but on the other hand the poor and the middle class should never pay more taxes than the rich. However, we understand that the conservative motif is cut taxes while demanding a ballanced budget, so you can cut spending because "Oh no! How are we supposed to pay for the things we need (like defense) AND the things we don't need (like poverty reduction and social programs) with so few funds? Looks like we all gotta tighten our belts a little. Sorry medicine, education, and the food bank... We need to pay our soldiers first. We oppose. |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 210 | ||||||
| no |
Total Seats: 540 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Particracy does not allow role-play that seems to belong to the world of fantasy, science fiction and futuristic speculation. |
| Random quote: "A prince never lacks legitimate reasons to break his promise." - Niccolo Machiavelli |