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Bill: Taxation Bill (August 3112)
Details
Submitted by[?]: Liberal Urban Party
Status[?]: passed
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 3113
Description[?]:
| The Liberal Urban Party propose to adjust the government's income tax policy to better address the economic situation of the Holy Ranz'riah Empire of Queranzári Kafuristan. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only advertising that meets certain set standards is permitted.
Proposed: All advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates large, national banks, but small community based private banks are allowed.
Proposed: All banks are privately owned.
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 25
Proposed: 11
Article 4
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 5
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 10
Proposed: 18
Article 6
Proposal[?] to change The right to gamble.
Old value:: Gambling is illegal.
Current: Gambling is legal, but only in private homes and casinos with special licences.
Proposed: Gambling is legal across the nation, no regulation whatsoever.
Article 7
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 |
| > 2,000 KAF | 21% | 97,166,000,000 KAF |
| > 10,000 KAF | 25% | 114,174,000,000 KAF |
| > 18,000 KAF | 27% | 92,292,000,000 KAF |
| > 25,000 KAF | 35% | 232,793,000,000 KAF |
| > 50,000 KAF | 35% | 90,061,000,000 KAF |
| > 80,000 KAF | 50% | 48,430,000,000 KAF | Total | 674,916,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 340 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: When it comes to creating a Cultural Protocol in a Culturally Open nation, players are not necessarily required to provide a plausible backstory for how the nation's cultural background developed. However, the provision of a plausible backstory may be a factor in whether Moderation approves the Cultural Protocol if players in surrounding nations question its appropriateness for their region of the game map. |
| Random quote: "Since when did you care about women?" - Faith Chiang, former Gaduri politician |