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Bill: Income tax proposal of October 2162
Details
Submitted by[?]: Kanjoran Imperial 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: June 2163
Description[?]:
| The Kanjoran Imperial Party propose to adjust the government's income tax policy to better address the economic situation of the Kanjoran Empire. |
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 |
| > 3,000 KRP | 30% | 17,287,000,000 KRP |
| > 4,000 KRP | 30% | 51,861,000,000 KRP |
| > 7,000 KRP | 30% | 94,998,000,000 KRP |
| > 12,500 KRP | 90% | 319,685,000,000 KRP |
| > 20,000 KRP | 50% | 135,380,000,000 KRP |
| > 30,000 KRP | 90% | 114,147,000,000 KRP |
| > 40,000 KRP | 90% | 142,574,000,000 KRP | Total | 875,932,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
| Date | 17:59:06, December 28, 2005 CET | From |  Kanjoran Imperial Party | To | Debating the Income tax proposal of October 2162 |
| Message | we need to fund our military campaigns |
| Date | 15:24:13, December 29, 2005 CET | From | Kanjoran Socialist Party | To | Debating the Income tax proposal of October 2162 |
| Message | wow, I like |
| Date | 21:21:37, December 29, 2005 CET | From | Action Française | To | Debating the Income tax proposal of October 2162 |
| Message | this makes no sense whatsoever, if everyone earning between 3000 and 12500 will pay 30%, why is their a need for three tax bands? Similarly if everyone earnign over 30000 is paying 90%, why do we need two tax bands for it? finally what the fuck is wrng with the middle, why would someone earning more than 20k have a lower tax band than someone earning below 20k? |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 33 | |||
| no | Total Seats: 10 | |||
| abstain | Total Seats: 47 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: "Political power grows out of the barrel of a gun... our principle is to have the Party control the gun and never allow the gun to control the Party." - Mao Zedong |