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Bill: Income tax proposal of April 4010 (we are in debt)
Details
Submitted by[?]: Nationalist Party of Kanjor
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 4010
Description[?]:
| The Nationalist Party of Kanjor propose to adjust the government's income tax policy to better address the economic situation of the République Fédérale de 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 |
| > 5,000 KRP | 17% | 48,913,000,000 KRP |
| > 10,000 KRP | 30% | 149,481,000,000 KRP |
| > 20,000 KRP | 37% | 99,993,000,000 KRP |
| > 30,000 KRP | 47% | 59,468,000,000 KRP |
| > 40,000 KRP | 57% | 39,709,000,000 KRP |
| > 50,000 KRP | 63% | 38,083,000,000 KRP |
| > 70,000 KRP | 66% | 9,185,000,000 KRP |
| > 80,000 KRP | 77% | 10,931,000,000 KRP | Total | 455,763,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes |
Total Seats: 620 | |||||
| no | Total Seats: 0 | |||||
| abstain | Total Seats: 0 |
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| Random quote: "In all recorded history there has not been one economist who has had to worry about where the next meal would come from." - Peter Drucker |