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Bill: Income tax proposal of September 4106
Details
Submitted by[?]: Kobura National Congress (KNC)
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: May 4107
Description[?]:
| The Kobura National Congress (KNC) propose to adjust the government's income tax policy to better address the economic situation of the Metouro Çıte Kobura (Kingdom of Cobura). |
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 |
| > 100 COB | 2% | 398,000,000 COB |
| > 450 COB | 4% | 683,000,000 COB |
| > 750 COB | 7% | 996,000,000 COB |
| > 1,000 COB | 10% | 14,227,000,000 COB |
| > 3,500 COB | 20% | 16,844,000,000 COB |
| > 5,000 COB | 30% | 34,296,000,000 COB |
| > 7,500 COB | 35% | 17,806,000,000 COB |
| > 9,000 COB | 40% | 10,702,000,000 COB |
| > 10,000 COB | 42% | 32,299,000,000 COB |
| > 15,000 COB | 45% | 18,275,000,000 COB |
| > 25,000 COB | 48% | 3,170,000,000 COB |
| > 35,000 COB | 49% | 405,000,000 COB | Total | 150,101,000,000 COB |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 250 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Zardugal is a nation based on the old Byzantine Empire, with a modern twist and the Esperanto language. Zardugal is located on the continent of Majatra. |
| Random quote: "More Medicament Manufacture take the profits, workers take the factory" - Boros Norbert, former Endralonian businessman |