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Bill: Income tax proposal of March 4016
Details
Submitted by[?]: Our Future
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: November 4016
Description[?]:
| The Our Future propose to adjust the government's income tax policy to better address the economic situation of the Poblacht na Kirlawa (Republic of Kirlawa). |
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 |
| > 200,000 KDI | 30% | 965,719,000,000 KDI |
| > 300,000 KDI | 40% | 763,007,000,000 KDI |
| > 400,000 KDI | 50% | 955,479,000,000 KDI |
| > 550,000 KDI | 65% | 446,737,000,000 KDI |
| > 700,000 KDI | 70% | 145,022,000,000 KDI |
| > 800,000 KDI | 85% | 56,988,000,000 KDI | Total | 3,332,952,000,000 KDI |
Debate
These messages have been posted to debate on this bill:
| Date | 10:00:07, April 20, 2016 CET | From | Kirlawan People's Justice Party | To | Debating the Income tax proposal of March 4016 |
| Message | Why so many tax proposals? You don't hold the Finance Ministry. And KPJP prefer the current tax schedule, sorry. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 126 | |||||
| no |
Total Seats: 551 | |||||
| abstain |
Total Seats: 40 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "The communist revolution is the most radical rupture with traditional property relations; no wonder that its development involves the most radical rupture with traditional ideas." - Karl Marx |