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Bill: Income tax proposal of December 4129
Details
Submitted by[?]: Chann National Party (CNP)
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: August 4130
Description[?]:
| The Chann National Restoration Party (CNRP) propose to adjust the government's income tax policy to better address the economic situation of the Jumhuriat Kafuristan (Republic of Kafuristan). |
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 KAF | 10% | 28,868,000,000 KAF |
| > 5,000 KAF | 13% | 37,537,000,000 KAF |
| > 10,000 KAF | 16% | 46,199,000,000 KAF |
| > 15,000 KAF | 19% | 51,790,000,000 KAF |
| > 20,000 KAF | 22% | 51,898,000,000 KAF |
| > 25,000 KAF | 25% | 48,552,000,000 KAF |
| > 30,000 KAF | 28% | 78,776,000,000 KAF |
| > 40,000 KAF | 31% | 58,441,000,000 KAF |
| > 50,000 KAF | 34% | 41,188,000,000 KAF |
| > 60,000 KAF | 37% | 31,300,000,000 KAF |
| > 70,000 KAF | 40% | 20,576,000,000 KAF |
| > 80,000 KAF | 43% | 15,169,000,000 KAF |
| > 90,000 KAF | 46% | 11,407,000,000 KAF |
| > 100,000 KAF | 50% | 18,459,000,000 KAF | Total | 540,160,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 143 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 107 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: "Corruption is the nightmare that keeps democracy a dream." - Anonymous |