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Bill: Financial Matters
Details
Submitted by[?]: Sect of the Green Moon
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: April 2137
Description[?]:
The Economic Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Kafuristan. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 25
Proposed: 5
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 |
> 100 KAF | 30% | 171,499,000,000 KAF |
> 10,000 KAF | 25% | 199,306,000,000 KAF |
> 25,000 KAF | 27% | 179,314,000,000 KAF |
> 50,000 KAF | 30% | 106,206,000,000 KAF | Total | 656,325,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes | Total Seats: 133 | |||||
no |
Total Seats: 147 | |||||
abstain | Total Seats: 0 |
Random fact: You can inactivate yourself on your User Page. You will then lose all your seats but your party account won't be deleted, and your party's Visibility ratings will not diminish. Reactivation can be requested in the "Reactivation Requests" thread in the Game Moderation section of the Particracy Forum. |
Random quote: "Let's not forget that we belong to history, that history that men and women who fought before did, that history that men and women who are fighting now will do." - Tera Pisthis, former Selucian politician |