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Bill: Tax Reform of 4217
Details
Submitted by[?]: Al-Ittihad al-Ishtiraki ad-Dimuqrati
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: July 4218
Description[?]:
| The Al-Ittihad al-Ishtiraki ad-Dimuqrati propose to adjust the government's income tax policy to better address the economic situation of the Aittihad Kafuristan (Federation of Kafuristan). |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 1
Current: 2
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 10
Proposed: 15
Article 3
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 KAF | 5% | 11,564,000,000 KAF |
| > 5,000 KAF | 15% | 43,363,000,000 KAF |
| > 10,000 KAF | 20% | 159,650,000,000 KAF |
| > 25,000 KAF | 30% | 199,464,000,000 KAF |
| > 50,000 KAF | 40% | 93,585,000,000 KAF |
| > 75,000 KAF | 50% | 60,130,000,000 KAF | Total | 567,756,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
| Date | 00:18:02, May 29, 2017 CET | From | Resistance (مناهضة) | To | Debating the Tax Reform of 4217 |
| Message | We will vote in favour of Minister I'timad Karim's tax plan. We are pleased to see that the government is taking appropriate steps to secure Kafuristan's finances. As a result of this proposal we formally and wholeheartedly withdraw our demand that Rayiys Saad Assoumani remove I'timad Karim from the Ministry of Finance. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 380 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 0 |
| Random fact: Dorvik is a nation based on Germanic and old Prussian cultures, it is located on the far north of Artania, making it an almost arctic nation. |
| Random quote: "We pursue no other aim than freedom from oppression, liberty from lies, salvation from irrationality!" - Julius Callus, former Davostani politician |