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Bill: Income tax proposal of October 2131
Details
Submitted by[?]: Liberal Patriots' League
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 2133
Description[?]:
| The Liberal Conservative Party propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Kalistan. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 5
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 10
Current: 10
Proposed: 5
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 |
| > 42,535 KRB | 25% | 1,479,628,000,000 KRB | Total | 1,479,628,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
| Date | 04:34:03, October 28, 2005 CET | From | Pansexual Peace Party -- FNORD | To | Debating the Income tax proposal of October 2131 |
| Message | No taxes on vital goods! |
| Date | 05:20:46, October 28, 2005 CET | From | Ecotopian Party of Kalistan | To | Debating the Income tax proposal of October 2131 |
| Message | We support taxes on essential goods, merely because not doing so creates loopholes for tax evasion. However, the compensation in terms of income tax rebates is insufficient and the luxury tax should not be changed from current levels. |
| Date | 08:54:16, October 28, 2005 CET | From | Liberal Patriots' League | To | Debating the Income tax proposal of October 2131 |
| Message | I can't cut taxes for the poor; I've already eliminated the bottom three tax brackets. |
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Voting
| Vote | Seats | |||||||
| yes | Total Seats: 82 | |||||||
| no |
Total Seats: 131 | |||||||
| abstain | Total Seats: 0 |
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