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Bill: Fair Taxation Bill
Details
Submitted by[?]: League of Justice
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: March 3462
Description[?]:
The minister of finance, Jes Bech Mateusiak proposes this bill to adjust the government's income tax policy to better address the economic situation of the Kongeriket Kazulia. And we would like to finance these tax cuts by cutting down the military and social services budgets. Everything is of course up to discussion and we would like a broad agreement on this bill and the Fair Spending Bill. |
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 KKR | 30% | 193,796,000,000 KKR |
> 25,000 KKR | 45% | 53,585,000,000 KKR |
> 30,000 KKR | 70% | 322,225,000,000 KKR | Total | 569,606,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
Date | 22:11:49, March 27, 2013 CET | From | De venstregrønne | To | Debating the Fair Taxation Bill |
Message | Reducing the number of tax brackets is clearly a regressive move as is cutting taxes on the rich. |
Date | 22:31:26, March 27, 2013 CET | From | League of Justice | To | Debating the Fair Taxation Bill |
Message | No the tax policy will still be progressive, but also more fair. |
Date | 22:41:31, March 27, 2013 CET | From | Logisk Synspunkt | To | Debating the Fair Taxation Bill |
Message | Logisk Synspunkt would prefer what DV would call a really 'regressive' move. This is moving in that direction, so we will vote yes. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 137 | ||||
no | Total Seats: 99 | ||||
abstain |
Total Seats: 14 |
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