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Bill: Income tax proposal of July 4115
Details
Submitted by[?]: Kalistan First
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: June 4116
Description[?]:
| The Left Kalistan- Neoconservative Caucus propose to adjust the government's income tax policy to better address the economic situation of the United Republic of Kalistan. |
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 |
| > 1 KRB | 15% | 153,204,000,000 KRB |
| > 18,000 KRB | 15% | 76,606,000,000 KRB |
| > 27,000 KRB | 15% | 76,606,000,000 KRB |
| > 36,000 KRB | 15% | 76,606,000,000 KRB |
| > 45,000 KRB | 15% | 76,606,000,000 KRB |
| > 54,000 KRB | 15% | 148,474,000,000 KRB |
| > 72,000 KRB | 15% | 126,997,000,000 KRB |
| > 90,000 KRB | 15% | 114,590,000,000 KRB |
| > 108,000 KRB | 15% | 163,774,000,000 KRB |
| > 144,000 KRB | 15% | 97,171,000,000 KRB |
| > 180,000 KRB | 15% | 63,453,000,000 KRB |
| > 216,000 KRB | 15% | 54,294,000,000 KRB |
| > 288,000 KRB | 15% | 21,943,000,000 KRB | Total | 1,250,324,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
| Date | 03:34:55, November 05, 2016 CET | From | Kalistani National Socialist Party | To | Debating the Income tax proposal of July 4115 |
| Message | Comrade Speaker, This would greatly increase inequality in our society, in a time were we are one of the last nations with near prefect social and economic equality, anyone who supports such a proposal does not deserve any place in Left Kalistan, as this is representative of the U compassionate and unthinking capitalist beliefs found in my birth nation, Luthori. We yield |
| Date | 04:05:33, November 05, 2016 CET | From | Socialist Party of Kalistan (SPoK) | To | Debating the Income tax proposal of July 4115 |
| Message | Comrade Speaker, We have long held that the Job of the Finance Minister is to create all taxation and spending Bills. This bill was not produced by the finance Minister. We will not support any bills not conforming to that simple requirement. We yield. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 126 | |||
| no |
Total Seats: 624 | |||
| abstain | Total Seats: 0 |
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