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Bill: Economic Income Enhancement Tax Act of 3314
Details
Submitted by[?]: Imperial National 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: August 3315
Description[?]:
| The Imperial National Party propose to adjust the government's income tax policy to better address the economic situation of the Supreme Imperial Republic of Keymon. This should ensure that our deficit problem will be properly taken care of. |
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 |
| > 1,000 KED | 10% | 1,720,000,000 KED |
| > 2,500 KED | 16% | 4,587,000,000 KED |
| > 5,000 KED | 22% | 5,879,000,000 KED |
| > 7,500 KED | 30% | 5,919,000,000 KED |
| > 10,000 KED | 33% | 4,412,000,000 KED |
| > 12,500 KED | 40% | 4,465,000,000 KED |
| > 15,000 KED | 43% | 3,698,000,000 KED |
| > 17,500 KED | 47% | 3,097,000,000 KED |
| > 20,000 KED | 55% | 9,114,000,000 KED | Total | 42,891,000,000 KED |
Debate
These messages have been posted to debate on this bill:
| Date | 07:40:47, June 06, 2012 CET | From | Individualistic Movement | To | Debating the Economic Income Enhancement Tax Act of 3314 |
| Message | "The people will not pay for you causing this debt!" - Lena Valström, finance-mimister |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 106 | ||||
| no |
Total Seats: 120 | ||||
| abstain |
Total Seats: 4 |
| Random fact: Discuss flag designs at the Flag Designs thread: http://forum.particracy.net/viewtopic.php?f=5&t=37 |
| Random quote: "We pursue no other aim than freedom from oppression, liberty from lies, salvation from irrationality!" - Julius Callus, former Davostani politician |