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Bill: Income tax proposal of August 4285
Details
Submitted by[?]: Classical Party
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: April 4286
Description[?]:
| The Classical Party propose to adjust the government's income tax policy to better address the economic situation of the People's Republic Of Kalistan. |
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 KRB | 8% | 90,770,000,000 KRB |
| > 20,000 KRB | 8% | 36,310,000,000 KRB |
| > 28,000 KRB | 8% | 36,310,000,000 KRB |
| > 36,000 KRB | 8% | 54,465,000,000 KRB |
| > 48,000 KRB | 8% | 36,310,000,000 KRB |
| > 56,000 KRB | 8% | 70,093,000,000 KRB |
| > 72,000 KRB | 8% | 67,719,000,000 KRB |
| > 90,000 KRB | 15% | 114,550,000,000 KRB |
| > 108,000 KRB | 15% | 163,771,000,000 KRB |
| > 144,000 KRB | 15% | 97,171,000,000 KRB |
| > 180,000 KRB | 15% | 63,408,000,000 KRB |
| > 216,000 KRB | 15% | 76,338,000,000 KRB | Total | 907,215,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 460 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 290 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: "Democrats always assure us that deterrence will work, but when the time comes to deter, they're against it. " - Ann Coulter |