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Bill: Income tax proposal of February 4408
Details
Submitted by[?]: People's Socialist Party
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: October 4408
Description[?]:
| The People's Socialist Party propose to adjust the government's income tax policy to better address the economic situation of the Grand Imperial Union of Dankuk (단국 대제국). |
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 |
| > 1,000 DRA | 10% | 109,378,000,000 DRA |
| > 20,000 DRA | 20% | 206,534,000,000 DRA |
| > 40,000 DRA | 25% | 144,688,000,000 DRA |
| > 60,000 DRA | 37% | 117,597,000,000 DRA |
| > 80,000 DRA | 47% | 88,311,000,000 DRA |
| > 100,000 DRA | 52% | 125,134,000,000 DRA |
| > 150,000 DRA | 57% | 21,720,000,000 DRA | Total | 813,362,000,000 DRA |
Debate
These messages have been posted to debate on this bill:
| Date | 16:31:12, June 13, 2018 CET | From | Conservative Party (보수당) | To | Debating the Income tax proposal of February 4408 |
| Message | Dear Speaker, We see no need to raise taxes and without a suitable reason we will vote against this Jacob Rhee Prime Minister |
| Date | 01:53:05, June 14, 2018 CET | From | Noble Katsura Front | To | Debating the Income tax proposal of February 4408 |
| Message | Speaker, We concur with Prime Minister Rhee. Until a legitimate reason is provided for the increased taxes, we will be voting against. Pak Se-Ah Chairwoman of the Katsurans |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 0 | |||
| no |
Total Seats: 255 | |||
| abstain | Total Seats: 0 |
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