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Bill: Income tax proposal of June 2838
Details
Submitted by[?]: Independence Party
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: February 2839
Description[?]:
| The Folkepartiet propose to adjust the government's income tax policy to better address the economic situation of the Nordiske Republikken av Kazulia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 25
Proposed: 18
Article 2
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Current: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Proposed: There is no provision for a minimum wage.
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 |
| > 10,000 KKR | 18% | 53,020,000,000 KKR |
| > 15,000 KKR | 19% | 38,689,000,000 KKR |
| > 20,000 KKR | 28% | 74,963,000,000 KKR |
| > 30,000 KKR | 35% | 161,438,000,000 KKR | Total | 328,110,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
| Date | 17:44:12, October 26, 2009 CET | From | Sosialistisk Venstreparti | To | Debating the Income tax proposal of June 2838 |
| Message | These extreme neoliberal proposals will result in a greatly reduced tax revenue, massive poverty and inequality and the potential for huge social unrest. Kazulia's economy is doing fine at the moment with progressive taxation and welfare state which all our citizens can fall back on if need be. Why do free market fundamentalists want to ruin all this? |
| Date | 18:22:43, October 26, 2009 CET | From | Independence Party | To | Debating the Income tax proposal of June 2838 |
| Message | Freedom! |
| Date | 21:48:38, October 26, 2009 CET | From | Mitten Partiet | To | Debating the Income tax proposal of June 2838 |
| Message | the The nation's policy on minimum wage are not acceptble to MP we are sorry... we will abstain |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 208 | ||
| no | Total Seats: 159 | ||
| abstain |
Total Seats: 170 |
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