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Bill: Income tax proposal of November 3876
Details
Submitted by[?]: Forward Chicken
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: July 3877
Description[?]:
| The Democrats propose to adjust the government's income tax policy to better address the economic situation of the Free and United Country of Kalistan. |
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 KRB | 1% | 851,000,000 KRB |
| > 2,500 KRB | 1% | 1,418,000,000 KRB |
| > 5,000 KRB | 2% | 5,671,000,000 KRB |
| > 10,000 KRB | 2% | 5,671,000,000 KRB |
| > 15,000 KRB | 3% | 25,519,000,000 KRB |
| > 30,000 KRB | 5% | 56,709,000,000 KRB |
| > 50,000 KRB | 8% | 45,367,000,000 KRB |
| > 60,000 KRB | 10% | 103,836,000,000 KRB |
| > 80,000 KRB | 12% | 107,231,000,000 KRB |
| > 100,000 KRB | 15% | 449,421,000,000 KRB | Total | 801,694,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
| Date | 22:13:01, July 15, 2015 CET | From | Choice | To | Debating the Income tax proposal of November 3876 |
| Message | We can support this. |
| Date | 22:13:13, July 15, 2015 CET | From | Forward Chicken | To | Debating the Income tax proposal of November 3876 |
| Message | Mr Speaker, These are really low taxes and raise the government an extra 799,166,000,000 KRB which we can put back into the system. I yield |
| Date | 22:15:53, July 15, 2015 CET | From | Choice | To | Debating the Income tax proposal of November 3876 |
| Message | It's win win then. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 314 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 436 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: We are in politics not because we hate our fellow man, but because we love him. ~ Anton Weinreich, General Secretary of the Dorvish Communist Part |