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Bill: Economic Reform: Part 2 (Amended)
Details
Submitted by[?]: Minimalist 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 not pass any sooner than the deadline.
Voting deadline: June 3426
Description[?]:
| The Minimalist Party propose to adjust the government's income tax policy to better address the economic situation of the Free and United Country of Kalistan. The raise in taxes from the last proposal is due to the rise in militia activity. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 1
Current: 1
Proposed: 100
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 7
Current: 10
Proposed: 0
Article 3
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 KRB | 85% | 7,080,083,000,000 KRB |
| > 450,000 KRB | 1% | 11,000,000 KRB | Total | 7,080,094,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 291 | |||
| no | Total Seats: 336 | |||
| abstain |
Total Seats: 123 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: On 7th February 4281 a group of renowned Metzist experts from all across Terra met in Haldor to form the International Committee for the Estimation of the End Date of Capitalism (ICEEDC). With the assistance of a powerful computer, they calculated that capitalism will terminate Terra-wide on 6th November 4320, and in Dorvik on April 17th 4310. We have no reason whatsoever to believe these very eminent and learned scholars are wrong. They have never been wrong about anything before. ~ Friedrich Pfeiffer, General Secretary of the Dorvish Communist Party |