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Bill: Stortingsproposisjon 1A - mai 3548
Details
Submitted by[?]: Høyrepopulistene
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: January 3549
Description[?]:
The Høyrepopulistene propose to adjust the government's income tax policy to better address the economic situation of the Republikken Kazulia. This is a tax package that the Finance Ministry is happy with. We have drastically reduced income taxes, the reason being that the original tax rates were simply outrageous. This is the first of many alterations that will be made in the coming years. This package will make sure that capitalism can once again thrive in Kazulia. The Finance Ministry is resvolved in the conclusion that the tax package must pass before the budget is passed, or else the economy will suffer. Income taxes: Large tax relief, reduced progressivity Separate bills: Corporation taxes: Cut to 30%. Sales taxes: Introducing a small sales tax on everyone, making sure everyone has some skin in the game. Everyone must be accountable in Kazulia. |
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 | 25% | 124,519,000,000 KKR |
> 20,000 KKR | 30% | 133,906,000,000 KKR |
> 40,000 KKR | 35% | 98,741,000,000 KKR | Total | 357,166,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||
yes |
Total Seats: 132 | |||
no | Total Seats: 131 | |||
abstain | Total Seats: 0 |
Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
Random quote: "I reject the cynical view that politics is a dirty business." - Richard M. Nixon |