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Bill: Income tax proposal of November 4323
Details
Submitted by[?]: Partia e Reformës (PR/KM/RP)
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: July 4324
Description[?]:
The Partia e Reformës (PR/KM/RP) propose to adjust the government's income tax policy to better address the economic situation of the Great Kalopian Republic. |
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% | 6,897,000,000 WAN |
> 9,000 WAN | 5% | 48,857,000,000 WAN |
> 26,000 WAN | 11% | 134,540,000,000 WAN |
> 52,000 WAN | 12% | 81,983,000,000 WAN |
> 75,000 WAN | 16% | 130,454,000,000 WAN |
> 155,000 WAN | 18% | 14,350,000,000 WAN |
> 200,000 WAN | 20% | 3,261,000,000 WAN | Total | 420,342,000,000 WAN |
Debate
These messages have been posted to debate on this bill:
Date | 23:35:00, December 26, 2017 CET | From | Partia e Reformës (PR/KM/RP) | To | Debating the Income tax proposal of November 4323 |
Message | Temporary Tax Increase to fund further defence spending. |
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Voting
Vote | Seats | |||
yes | Total Seats: 242 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 53 |
Random fact: Don't vote yes on a cabinet coalition that doesn't give you the power that you deserve. |
Random quote: "It is obvious that the laissez-faire ideology represents the interests of big business. For decades, the right-wing has opposed welfare programs and nationalised companies, in favour of big business disguised under 'economic liberty'." - Cecilia Xu, former Gaduri politician |