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Bill: 07/4317 EPS-1101P: Income Tax Adjustment Act of July 4317
Details
Submitted by[?]: Ethnikí Patriotikí Symmachía
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: March 4318
Description[?]:
The EPS Government proposes to adjust the government's income tax policy to better address the economic situation of the Great Kalopian Republic, by slashing taxes for the top and middle brackets to further promote the recent economic revival Kalopia is experiencing. |
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 |
> 5,000 WAN | 3% | 6,909,000,000 WAN |
> 9,000 WAN | 5% | 48,939,000,000 WAN |
> 26,000 WAN | 8% | 95,080,000,000 WAN |
> 51,000 WAN | 12% | 71,765,000,000 WAN |
> 70,000 WAN | 14% | 131,496,000,000 WAN |
> 155,000 WAN | 17% | 13,579,000,000 WAN |
> 200,000 WAN | 19% | 3,108,000,000 WAN | Total | 370,876,000,000 WAN |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||||
yes | Total Seats: 206 | |||||
no | Total Seats: 0 | |||||
abstain |
Total Seats: 0 |
Random fact: Don't vote yes on a cabinet coalition that doesn't give you the power that you deserve. |
Random quote: "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting that vote." - Unknown |