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Bill: Income tax proposal of September 2146
Details
Submitted by[?]: Malfico Progressive Fascist Party
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: May 2147
Description[?]:
| The Malfico Progressive Fascist Party propose to adjust the government's income tax policy to better address the economic situation of the Kanjoran Empire. |
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 |
| > 3,500 KRP | 20% | 268,020,000,000 KRP |
| > 50,000 KRP | 90% | 79,674,000,000 KRP | Total | 347,694,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
| Date | 19:50:21, November 26, 2005 CET | From | Kanjoran Socialist Party | To | Debating the Income tax proposal of September 2146 |
| Message | OOOO We love the 90% tax rate! We fully support |
| Date | 01:27:06, November 27, 2005 CET | From | Populist Liberal Party | To | Debating the Income tax proposal of September 2146 |
| Message | The PLP has proposed a progressive tax system without such extreme high rates. This proposal is perhaps preferable to the current flat tax, but a 90% tax is an unreasonably high one, even on the very rich. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 157 | ||||
| no |
Total Seats: 170 | ||||
| abstain | Total Seats: 272 |
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| Random quote: "Aristocracy and exclusiveness tend to final overthrow, in language as in politics." - W. D. Whitney |