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Bill: Income tax proposal of March 4389
Details
Submitted by[?]: Folkets Demokratiske Allianse
Status[?]: defeated
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: December 4389
Description[?]:
The Folkenes Demokratiske Allianse propose to adjust the government's income tax policy to better address the economic situation of the Forbundsrepublikken Kazulmark (Kazulia). |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 20
Proposed: 30
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 25
Proposed: 30
Article 3
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 |
> 1,000 KKR | 10% | 65,006,000,000 KKR |
> 12,000 KKR | 20% | 129,462,000,000 KKR |
> 30,000 KKR | 40% | 131,258,000,000 KKR |
> 55,000 KKR | 50% | 66,403,000,000 KKR | Total | 392,129,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes | Total Seats: 0 | |||
no | Total Seats: 450 | |||
abstain | Total Seats: 0 |
Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
Random quote: "If you're not turned on to politics, politics will turn on you." - Ralph Nader |