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Bill: Income tax proposal of June 4265
Details
Submitted by[?]: Esinsundu Anoox Remetch Smate (ENU)
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: February 4266
Description[?]:
| The Esinsundu Anoox Remetch Smate (ENU) propose to adjust the government's income tax policy to better address the economic situation of the ḥꜥȝsu Mnhs (The Free Kingdom of Hawu Mumenhes). |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 35
Current: 35
Proposed: 20
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 52
Current: 50
Proposed: 35
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 |
| > 10,000 IKD | 5% | 28,424,000,000 IKD |
| > 20,000 IKD | 10% | 82,424,000,000 IKD |
| > 40,000 IKD | 18% | 154,223,000,000 IKD |
| > 80,000 IKD | 23% | 52,121,000,000 IKD |
| > 100,000 IKD | 35% | 45,316,000,000 IKD | Total | 362,508,000,000 IKD |
Debate
These messages have been posted to debate on this bill:
| Date | 09:29:36, September 02, 2017 CET | From |   Ity ꜣḥwt xꜣdt | To | Debating the Income tax proposal of June 4265 |
| Message | My Majesty grants the prayer of Rmṯ Sḥsi for the Income tax proposal of June 4265 ~Queen Hatsheptsut |
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Voting
| Vote | Seats | |
| yes | Total Seats: 324 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Whilst the use of non-English languages can be appropriate for nation names, party names, constitutional titles and other variables, English is the official language of communication in the game. All descriptive texts and public communications should be in English or at least appear alongside a full English translation. |
| Random quote: "I came, I saw, I conquered" - Julius Caesar |