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Bill: Income tax proposal of February 4084
Details
Submitted by[?]: The Third Way
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: October 4084
Description[?]:
| The United Party of Centrists propose to adjust the government's income tax policy to better address the economic situation of the Empire du 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 |
| > 10,000 KRP | 5% | 13,865,000,000 KRP |
| > 15,000 KRP | 11% | 42,093,000,000 KRP |
| > 25,000 KRP | 19% | 44,505,000,000 KRP |
| > 40,000 KRP | 27% | 18,775,000,000 KRP |
| > 50,000 KRP | 32% | 28,298,000,000 KRP | Total | 147,536,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
| Date | 00:17:33, September 03, 2016 CET | From |  The Third Way | To | Debating the Income tax proposal of February 4084 |
| Message | This bill is great because it lowers taxes on the lower class, as well as the upper class to spur new investment and spending. YAY, ECONOMICS. So I recommend you vote for it. Because it's dope y'all. And we still have a surplus afterwards. SURPLUS, YAY! |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 622 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 128 |
| 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: "I'll see you in the Palace in Kivonia once we win this war... and I'm ecstatic to be the one to execute you. Sleep well." - Queen Annalise, former Telamonese monarch |