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Bill: Income tax proposal of April 3057
Details
Submitted by[?]: Popular Alliance
Status[?]: passed
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: December 3057
Description[?]:
The Popular Alliance propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Kanjor. |
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 |
> 2,500 KRP | 5% | 7,189,000,000 KRP |
> 5,000 KRP | 7% | 10,064,000,000 KRP |
> 7,500 KRP | 10% | 14,377,000,000 KRP |
> 10,000 KRP | 13% | 36,056,000,000 KRP |
> 15,000 KRP | 15% | 33,092,000,000 KRP |
> 20,000 KRP | 20% | 54,016,000,000 KRP |
> 30,000 KRP | 25% | 49,014,000,000 KRP |
> 50,000 KRP | 30% | 22,295,000,000 KRP |
> 80,000 KRP | 45% | 6,385,000,000 KRP | Total | 232,488,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 500 | |
no | Total Seats: 0 | |
abstain |
Total Seats: 0 |
Random fact: There are two countries based on Egypt in the game. Cobura is based on modern Egypt with a retro twist, while Hawu Mumenhes is based on Ancient Egypt with a modernist twist. |
Random quote: "There is no problem that cannot be solved with diplomacy or debate. Anyone who thinks otherwise does not need a gun, but a direct ride to a mental health clinic." - Ascentio Cartaginese, former Istalian politician |