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Bill: Finances Act 4338 (I)
Details
Submitted by[?]: Knstatak Lofrkadé Prta
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: January 4339
Description[?]:
The Knstatak Lofrkadé Prta propose to adjust the government's income and sales tax policy along with amendments to legal substances and products in order to encourage better economic growth and a more stable economic situation. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 10
Current: 19
Proposed: 5
Article 2
Proposal[?] to change Sale of tobacco products.
Old value:: The sale of tobacco products is prohibited.
Current: The sale of tobacco products is regulated by local governments
Proposed: Only adults may purchase tobacco.
Article 3
Proposal[?] to change Government policy towards alcoholic beverages.
Old value:: The sale and consumption of alcoholic beverages is outlawed.
Current: Alcoholic beverage regulations are not imposed by the government.
Proposed: Alcoholic beverages may be purchased and consumed anywhere, but only by adults.
Article 4
Proposal[?] to change The recreational drug policy.
Old value:: Recreational drug use is forbidden.
Current: Recreational drug use is regulated by local governments.
Proposed: All naturally occurring drugs are legal.
Article 5
Proposal[?] to change Government law concerning the sales of recreational drugs.
Old value:: Sales of recreational drugs within the nation are prohibited by the law.
Current: There is no policy concerning the sales of recreational drugs.
Proposed: Recreational drugs sales are handled by private foundations which are heavily regulated by the government.
Article 6
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 |
> 25,000 JEL | 10% | 94,850,000,000 JEL |
> 50,000 JEL | 15% | 121,200,000,000 JEL |
> 100,000 JEL | 25% | 84,082,000,000 JEL |
> 160,000 JEL | 40% | 16,676,000,000 JEL | Total | 316,808,000,000 JEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 95 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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