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Bill: Income tax proposal of September 3913
Details
Submitted by[?]: Hizb al-Ummal
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: March 3915
Description[?]:
The Hizb al-Ummal propose to adjust the government's income tax policy to better address the economic situation of the Jumhuriyyat al-Qalb al-Ma'atraniyyah (Kafuristan). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 25
Proposed: 15
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 20
Current: 10
Proposed: 1
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 25
Proposed: 15
Article 4
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 |
> 100,000 KAF | 9% | 3,329,000,000 KAF | Total | 3,329,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 240 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
Random quote: "Man is by nature a political animal." - Aristotle |