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Bill: Income tax proposal of February 3573
Details
Submitted by[?]: KING4090 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: October 3573
Description[?]:
| The KING4090 Party propose to adjust the government's income tax policy to better address the economic situation of the The Union of Keymon. All the Taxes have been raised 10% |
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 | 20% | 9,172,000,000 KED |
| > 5,000 KED | 30% | 13,933,000,000 KED |
| > 10,000 KED | 40% | 9,812,000,000 KED |
| > 15,000 KED | 50% | 7,593,000,000 KED |
| > 20,000 KED | 60% | 4,625,000,000 KED |
| > 25,000 KED | 70% | 3,792,000,000 KED |
| > 30,000 KED | 75% | 2,150,000,000 KED |
| > 35,000 KED | 85% | 489,000,000 KED | Total | 51,566,000,000 KED |
Debate
These messages have been posted to debate on this bill:
| Date | 04:00:36, November 08, 2013 CET | From | Democratic Communist Party (DCP) | To | Debating the Income tax proposal of February 3573 |
| Message | We simply cannot support a doubling of taxes on the poorest in exchange for increased military might. Scale this back a bit and we can support. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 0 | ||
| no | Total Seats: 500 | ||
| abstain | Total Seats: 0 |
| Random fact: After 3 days (72 hours) your account will be inactivated by Moderation. If you want to be reactivated you can request reactivation located here: http://forum.particracy.net/viewtopic.php?f=11&t=4360 |
| 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 |