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Bill: Income tax proposal of October 4243
Details
Submitted by[?]: Grand Parti Libertaire de Kanjor
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 4244
Description[?]:
| The Grand Parti Libertaire de Kanjor propose to adjust the government's income tax policy to better address the economic situation of the République Populaire de Kanjor. Honourable Senators, this increases the IFZ to 7000 KRP whilst also simplifying the tax percentages. |
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 |
| > 7,000 KRP | 5% | 8,643,000,000 KRP |
| > 10,000 KRP | 20% | 132,275,000,000 KRP |
| > 25,000 KRP | 25% | 76,187,000,000 KRP |
| > 50,000 KRP | 30% | 20,640,000,000 KRP |
| > 75,000 KRP | 40% | 7,986,000,000 KRP | Total | 245,731,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
| Date | 23:10:41, July 19, 2017 CET | From |  Grand Parti Libertaire de Kanjor | To | Debating the Income tax proposal of October 4243 |
| Message | Under what premise do the UPD reject this bill? |
| Date | 00:09:35, July 20, 2017 CET | From | Parti Socialist | To | Debating the Income tax proposal of October 4243 |
| Message | This bill will make debts? |
| Date | 23:02:22, July 20, 2017 CET | From | Grand Parti Libertaire de Kanjor | To | Debating the Income tax proposal of October 4243 |
| Message | This bill actually increases the amount of tax received by the government, albeit by 1 billion pounds. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 46 | ||
| no | Total Seats: 24 | ||
| abstain | Total Seats: 80 |
| Random fact: Before creating a party organisation, check to see whether there are any existing organisations which cover the same agenda. |
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