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Bill: Income tax proposal of April 3706
Details
Submitted by[?]: Parti Conservateur Royaliste
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: December 3706
Description[?]:
| The Parti Conservateur Royaliste propose to adjust the government's income tax policy to better address the economic situation of the Royaume du Kanjor (Kingdom of Kanjor). |
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 |
| > 500 KRP | 1% | 1,150,000,000 KRP |
| > 2,500 KRP | 3% | 4,312,000,000 KRP |
| > 5,000 KRP | 5% | 14,374,000,000 KRP |
| > 10,000 KRP | 8% | 39,828,000,000 KRP |
| > 20,000 KRP | 12% | 47,570,000,000 KRP |
| > 40,000 KRP | 15% | 16,062,000,000 KRP |
| > 60,000 KRP | 18% | 6,660,000,000 KRP |
| > 80,000 KRP | 20% | 2,846,000,000 KRP | Total | 132,802,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 54 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 21 |
| Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
| Random quote: "Ninety percent of the politicians give the other ten percent a bad reputation." - Henry Kissinger |