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Bill: Income tax proposal of October 2925
Details
Submitted by[?]: Parti Révolutionnaire des Travailleurs
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 2926
Description[?]:
The creation of a 90% tax bracket on the super-rich promotes a sustainably progressive society in which the poorest are nurtured by those best-off in society. Frédéric Tollmache Finance Minister |
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 |
> 15,000 KRP | 15% | 33,163,000,000 KRP |
> 20,000 KRP | 30% | 48,758,000,000 KRP |
> 25,000 KRP | 50% | 90,362,000,000 KRP |
> 35,000 KRP | 60% | 96,951,000,000 KRP |
> 60,000 KRP | 75% | 23,464,000,000 KRP |
> 75,000 KRP | 85% | 9,713,000,000 KRP |
> 85,000 KRP | 90% | 7,612,000,000 KRP | Total | 310,023,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||
yes | Total Seats: 263 | ||
no | Total Seats: 337 | ||
abstain | Total Seats: 0 |
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Random quote: "Politics is for the present, but an equation is for eternity." - Albert Einstein |