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Bill: Income tax proposal of August 3943
Details
Submitted by[?]: Chann National Party (CNP)
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: August 3944
Description[?]:
| The Chann Liberation Army (CLA) propose to adjust the government's income tax policy to better address the economic situation of the Chann Republic of Kafuristan. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 90
Current: 25
Proposed: 10
Article 2
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 |
| > 10,000 KAF | 50% | 281,077,000,000 KAF |
| > 20,000 KAF | 55% | 236,968,000,000 KAF |
| > 30,000 KAF | 60% | 169,066,000,000 KAF |
| > 40,000 KAF | 65% | 122,669,000,000 KAF |
| > 50,000 KAF | 70% | 84,875,000,000 KAF |
| > 60,000 KAF | 75% | 63,530,000,000 KAF |
| > 70,000 KAF | 80% | 41,147,000,000 KAF |
| > 80,000 KAF | 85% | 29,963,000,000 KAF |
| > 90,000 KAF | 90% | 22,310,000,000 KAF |
| > 100,000 KAF | 95% | 35,061,000,000 KAF | Total | 1,086,666,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 100 | |
| no |
Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Cultural Protocols should generally be reflective of RP conducted within the nation and should not significantly alter or modify the ethnic, religious or linguistic composition without considerable and reasonable role-play or other justification. |
| Random quote: "The best politics is right action." - Mahatma Gandhi |