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Bill: Income tax proposal of October 3644
Details
Submitted by[?]: Progressive Konservatives (P)
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: June 3645
Description[?]:
This proposal would see a total of 25.6 billion KKR returned to the taxpayers and every taxpayers especially low income earners will pay less in income tax in the next fiscal year. Trond Widvey MS Finance Minister |
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 | 16% | 47,105,000,000 KKR |
> 15,000 KKR | 27% | 54,954,000,000 KKR |
> 20,000 KKR | 37% | 54,917,000,000 KKR |
> 25,000 KKR | 47% | 56,004,000,000 KKR |
> 30,000 KKR | 55% | 71,662,000,000 KKR |
> 37,000 KKR | 60% | 198,308,000,000 KKR | Total | 482,950,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 138 | ||
no |
Total Seats: 69 | ||
abstain |
Total Seats: 59 |
Random fact: When it comes to creating a Cultural Protocol in a Culturally Open nation, players are not necessarily required to provide a plausible backstory for how the nation's cultural background developed. However, the provision of a plausible backstory may be a factor in whether Moderation approves the Cultural Protocol if players in surrounding nations question its appropriateness for their region of the game map. |
Random quote: "The people who vote decide nothing. The people who count the vote decide everything." - Joseph Stalin |