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Bill: Income tax proposal of September 4363
Details
Submitted by[?]: Freedom and Liberty Party of Kalistan
Status[?]: defeated
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: May 4364
Description[?]:
| The Freedom and Liberty Party of Kalistan propose to adjust the government's income tax policy to better address the economic situation of the United 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 |
| > 25,000 KRB | 10% | 141,823,000,000 KRB |
| > 50,000 KRB | 15% | 204,744,000,000 KRB |
| > 75,000 KRB | 20% | 226,989,000,000 KRB |
| > 100,000 KRB | 25% | 387,713,000,000 KRB |
| > 150,000 KRB | 30% | 228,269,000,000 KRB |
| > 200,000 KRB | 35% | 134,721,000,000 KRB |
| > 250,000 KRB | 40% | 120,124,000,000 KRB | Total | 1,444,383,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
| Date | 13:05:58, March 16, 2018 CET | From | Freedom and Liberty Party of Kalistan | To | Debating the Income tax proposal of September 4363 |
| Message | We believe people deserve to keep what they earn, which allows for more investment in to our economy. |
| Date | 14:03:30, March 16, 2018 CET | From | Kalistani Workers Party | To | Debating the Income tax proposal of September 4363 |
| Message | This is a ridiculously low tax system. While we do support lower taxes on the poor, the largest bracket being only 40% is simply unfair to the poor in our society. The rich need to pay more, and we are satisfied with the current system. |
| Date | 16:40:26, March 16, 2018 CET | From | Liberal Party of the URK (LURK) | To | Debating the Income tax proposal of September 4363 |
| Message | This would put us at a giant budget deficit. There's no way we can support this. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 75 | |||
| no | Total Seats: 675 | |||
| abstain |
Total Seats: 0 |
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| Random quote: "When there's a single thief, it's robbery. When there are a thousand thieves, it's taxation. " -Vanya Cohen |