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Bill: Income tax proposal of December 4403
Details
Submitted by[?]: Union Republicaine de Kanjor
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: October 4404
Description[?]:
| The Union Republicaine de Kanjor propose to adjust the government's income tax policy to better address the economic situation of the La République de Kanjor et La Tondelle. |
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 |
| > 7,000 KRP | 4% | 11,517,000,000 KRP |
| > 12,000 KRP | 12% | 19,506,000,000 KRP |
| > 15,000 KRP | 16% | 78,613,000,000 KRP |
| > 30,000 KRP | 40% | 66,702,000,000 KRP |
| > 45,000 KRP | 45% | 30,140,000,000 KRP |
| > 60,000 KRP | 50% | 15,639,000,000 KRP |
| > 75,000 KRP | 60% | 11,963,000,000 KRP | Total | 234,080,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
| Date | 12:26:52, June 05, 2018 CET | From | Démocrates Libres | To | Debating the Income tax proposal of December 4403 |
| Message | The Démocrates Libres do not support such punitive tax rates, especially given the budget proposed by the URK which would resolve Kanjor’s budget deficit with out any tax increases |
| Date | 13:15:50, June 05, 2018 CET | From | Union Republicaine de Kanjor | To | Debating the Income tax proposal of December 4403 |
| Message | We actually haven increased tax for lower income families as we simply added a bracket to support those families |
| Date | 13:33:11, June 05, 2018 CET | From | Démocrates Libres | To | Debating the Income tax proposal of December 4403 |
| Message | While that is of course good, the top 4 tax rates are far too high |
| Date | 13:56:08, June 05, 2018 CET | From | Démocrates Libres | To | Debating the Income tax proposal of December 4403 |
| Message | Furthermore, this proposal would only raise revenue by 8bn KRP |
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Voting
| Vote | Seats | |
| yes | Total Seats: 275 | |
| no |
Total Seats: 147 | |
| abstain | Total Seats: 0 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "Envy is the cause of political division." - Democritus |