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Bill: [11/4320] Kolibro Economic Revolution: Freedom of Economic Progression
Details
Submitted by[?]: Bihērawī Dēmokiratisi
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 4321
Description[?]:
| The Kolibro propose to adjust the government's income tax policy to better address the economic situation of the Yetebaberuti Menigišitati ya Kobura (United Kingdoms of Cobura). Signed, Katharina Mercedo - Minister of Finance |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 12
Current: 25
Proposed: 8
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 45
Proposed: 13
Article 3
Proposal[?] to change Government policy towards labor unions.
Old value:: Trade unions may exist and all workers must have membership in one.
Current: Trade unions may exist and all workers must have membership in one.
Proposed: Trade unions may exist and worker membership is voluntary.
Article 4
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Employers cannot fire workers who have gone on strike.
Current: Employers cannot fire workers who have gone on strike.
Proposed: Government approval is needed before strikers can be fired.
Article 5
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are forbidden, and are actively broken up.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: There is no policy on monopolies, they are unregulated.
Article 6
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government requires all businesses to be run by Democratic Workers' Councils.
Current: The government requires most industries to be fully run by Democratic Workers' Councils.
Proposed: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Article 7
Proposal[?] to change Nomination for Security Council Seat C. (For more information, see )
http://forum.particracy.net/viewtopic.php?f=26&t=8453http
Old value:: Baltusia
Current: Tukarali
Proposed: Abstain
Article 8
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: The government owns the stock exchange(s).
Proposed: Stock exchanges are allowed and are unregulated.
Article 9
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 |
| > 2,500 COB | 8% | 11,306,000,000 COB |
| > 5,000 COB | 10% | 19,221,000,000 COB |
| > 10,000 COB | 15% | 11,550,000,000 COB |
| > 15,000 COB | 19% | 5,980,000,000 COB |
| > 20,000 COB | 24% | 2,208,000,000 COB |
| > 25,000 COB | 29% | 1,091,000,000 COB |
| > 30,000 COB | 35% | 1,293,000,000 COB | Total | 52,649,000,000 COB |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 259 | |
| no |
Total Seats: 246 | |
| abstain | Total Seats: 0 |
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