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Bill: Income tax proposal of July 3123
Details
Submitted by[?]: Socialist Party of Kalistan (SPoK)
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: March 3124
Description[?]:
The Revolutionary Socialist Party (RSP) propose to flatten the tax rates and force the wealthy to shoulder more of the burden of taxes in Kalistan. The single purpose of this bill is to redistribute wealth to the poor. |
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 |
> 80,000 KRB | 10% | 165,437,000,000 KRB |
> 120,000 KRB | 20% | 157,933,000,000 KRB |
> 150,000 KRB | 25% | 128,705,000,000 KRB |
> 180,000 KRB | 45% | 418,893,000,000 KRB | Total | 870,968,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
Date | 11:28:26, May 20, 2011 CET | From | People's Party of Kalistan | To | Debating the Income tax proposal of July 3123 |
Message | This is a matter that should be left to the Ministry of Finance. |
Date | 15:41:02, May 20, 2011 CET | From | Libertarian Party | To | Debating the Income tax proposal of July 3123 |
Message | OOC: I think the opposition should be able to propose alternative budgets(i.e. Paul Ryan's budget in America) |
Date | 15:59:22, May 20, 2011 CET | From | People's Party of Kalistan | To | Debating the Income tax proposal of July 3123 |
Message | Maybe if they were sensible. |
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Voting
Vote | Seats | ||
yes | Total Seats: 341 | ||
no |
Total Seats: 409 | ||
abstain | Total Seats: 0 |
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