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Bill: Income tax proposal of December 4179
Details
Submitted by[?]: Ligue Nationale
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: August 4180
Description[?]:
| The Ligue Nationale propose to adjust the government's income tax policy to better address the economic situation of the République Populaire de Kanjor. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 2
Current: 50
Proposed: 24
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 25
Proposed: 30
Article 3
Proposal[?] to change The professional retirement age.
Old value:: 62
Current: 62
Proposed: 68
Article 4
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 |
| > 1,000 KRP | 10% | 11,502,000,000 KRP |
| > 3,000 KRP | 15% | 60,385,000,000 KRP |
| > 10,000 KRP | 25% | 165,027,000,000 KRP |
| > 25,000 KRP | 30% | 91,198,000,000 KRP |
| > 50,000 KRP | 45% | 30,869,000,000 KRP |
| > 75,000 KRP | 50% | 9,954,000,000 KRP | Total | 368,935,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 156 | |
| no | Total Seats: 82 | |
| abstain | Total Seats: 62 |
| Random fact: There are two countries based on Egypt in the game. Cobura is based on modern Egypt with a retro twist, while Hawu Mumenhes is based on Ancient Egypt with a modernist twist. |
| Random quote: "Let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred." - Martin Luther King Jr. |