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Bill: Income tax proposal of December 2804
Details
Submitted by[?]: Libertarian Democrats
Status[?]: passed
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: August 2805
Description[?]:
| The Merry Gang of Moderates 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
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 35
Current: 1
Proposed: 25
Article 2
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 |
| > 65,000 KRB | 15% | 247,513,000,000 KRB |
| > 100,000 KRB | 20% | 310,230,000,000 KRB |
| > 150,000 KRB | 25% | 361,534,000,000 KRB | Total | 919,277,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 413 | |||
| no | Total Seats: 337 | |||
| abstain | Total Seats: 0 |
| Random fact: When your party holds the foreign affairs department, you can create new treaties. However, before writing anything new, it is a good idea to search for existing treaties which already accomplish what you desire. |
| Random quote: "Non-violence is not a garment to be put on and off at will. Its seat is in the heart, and it must be an inseparable part of our very being." - Mahatma Gandhi |