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Bill: Income tax proposal of May 3195
Details
Submitted by[?]: Jundakeem (Soldiers of Akeem)
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: January 3196
Description[?]:
| The Hizb al-Ba'th al-Queranzáriyah al-Qawmi propose to adjust the government's income tax policy to better address the economic situation of the Abadi Sultanate of Kafuristan. |
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 |
| > 10,000 KAF | 10% | 127,293,000,000 KAF |
| > 40,000 KAF | 15% | 66,850,000,000 KAF |
| > 80,000 KAF | 20% | 19,381,000,000 KAF | Total | 213,524,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
| Date | 23:37:36, October 10, 2011 CET | From | Jundakeem (Soldiers of Akeem) | To | Debating the Income tax proposal of May 3195 |
| Message | In LOD this would be: (1 LOD = 10 KAF) > 1,000 LOD - 10% - 12,722,300,000 LOD > 4,000 LOD - 15% - 6,683,400,000 LOD > 8,000 LOD - 20% - 1,937,300,000 LOD Total: 21,343,000,000 LOD |
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Voting
| Vote | Seats | |
| yes | Total Seats: 150 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Particracy does not allow official national flags of real-life nations or flags which are very prominent and recognisable (eg. the flags of the European Union, the United Nations, Nazi Germany, the Soviet Union or the Confederate States of America). |
| Random quote: "I like to pay taxes. With them I buy civilization." - Oliver Wendell Holmes, Jr. |