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Bill: Income tax proposal of September 3507
Details
Submitted by[?]: Party of Socialists
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: May 3508
Description[?]:
| The Party of Socialists propose to adjust the government's income tax policy to better address the economic situation of the Grand Noble Kingdom of Keymon. |
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% | 4,578,000,000 KED |
| > 5,000 KED | 35% | 16,227,000,000 KED |
| > 10,000 KED | 40% | 9,795,000,000 KED |
| > 15,000 KED | 45% | 6,822,000,000 KED |
| > 20,000 KED | 50% | 3,848,000,000 KED |
| > 25,000 KED | 55% | 2,975,000,000 KED |
| > 30,000 KED | 60% | 1,717,000,000 KED |
| > 35,000 KED | 65% | 373,000,000 KED | Total | 46,335,000,000 KED |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 180 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 50 |
| Random fact: When your party holds the foreign affairs department, you can create new treaties. However, before writing anything new, it is a good idea to search for existing treaties which already accomplish what you desire. |
| Random quote: "Don't blow it, good planets are hard to find." - Quoted in Time Magazine |