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Bill: Income tax proposal of May 4374
Details
Submitted by[?]: Parti Med Tre Verdier
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 4375
Description[?]:
| The Parti Med Tre Verdier propose to adjust the government's income tax policy to better address the economic situation of the Kongeriket Kazulmark (Kazulia). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 25
Proposed: 5
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 20
Proposed: 10
Article 3
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 15
Proposed: 1
Article 4
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 |
| > 3,500 KKR | 12% | 193,258,000,000 KKR | Total | 193,258,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 279 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
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