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Bill: Income tax proposal of December 3713
Details
Submitted by[?]: Justice and Development Party
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: August 3714
Description[?]:
| The al-Hizb al-Ommal al-Dimoqrati al-Qalb propose to adjust the government's income tax policy to better address the economic situation of the al-Khilāfah al-‘Razamiyya (Kafuristan). |
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 |
| > 6,000 KAF | 20% | 46,254,000,000 KAF |
| > 10,000 KAF | 27% | 78,054,000,000 KAF |
| > 15,000 KAF | 35% | 112,959,000,000 KAF |
| > 21,000 KAF | 42% | 96,067,000,000 KAF |
| > 26,000 KAF | 51% | 112,426,000,000 KAF |
| > 32,000 KAF | 62% | 102,777,000,000 KAF |
| > 38,000 KAF | 75% | 100,197,000,000 KAF |
| > 44,000 KAF | 86% | 88,461,000,000 KAF |
| > 50,000 KAF | 99% | 350,927,000,000 KAF | Total | 1,088,122,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 120 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: For more information on Particracy's former colonial nations, check out http://forum.particracy.net/viewtopic.php?f=5&t=6640 |
| Random quote: "Hence it comes about that all armed Prophets have been victorious, and all unarmed Prophets have been destroyed." - Niccolo Machiavelli |