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Bill: 3126 Budget: Taxation
Details
Submitted by[?]: Libertarian 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 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 3127
Description[?]:
| Minor tax cuts for the poor this year. |
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 |
| > 40,000 KRB | 2% | 22,702,000,000 KRB |
| > 60,000 KRB | 3% | 31,174,000,000 KRB |
| > 80,000 KRB | 5% | 122,283,000,000 KRB |
| > 150,000 KRB | 9% | 68,522,000,000 KRB |
| > 200,000 KRB | 9% | 61,661,000,000 KRB | Total | 306,342,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 750 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 0 |
| Random fact: In order for a Cabinet bill to pass, more than half of the legislature must vote for it and all of the parties included in the proposed Cabinet must support it. If your nation has a Head of State who is also the Head of Government, then the party controlling this character must also vote for the bill, since the Head of Government is also a member of the Cabinet. If any of these requirements are not met, the bill will not pass. |
| Random quote: "Sometimes democracy must be bathed in blood." - Augusto Pinochet |