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Bill: Income tax proposal of December 4424
Details
Submitted by[?]: Socialist Party of Kalistan (SPoK)
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: August 4425
Description[?]:
The Socialist Party of Kalistan (SPoK) 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 |
> 1 KRB | 1% | 1,702,000,000 KRB |
> 3,000 KRB | 2% | 3,404,000,000 KRB |
> 6,000 KRB | 3% | 10,213,000,000 KRB |
> 12,000 KRB | 7% | 39,718,000,000 KRB |
> 22,000 KRB | 15% | 195,751,000,000 KRB |
> 45,000 KRB | 25% | 586,723,000,000 KRB |
> 90,000 KRB | 32% | 636,189,000,000 KRB |
> 150,000 KRB | 40% | 578,419,000,000 KRB | Total | 2,052,119,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 750 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: In Culturally Protected nations, it is the responsibility of players to ensure the candidate boxes on their Party Overview screens are filled in with appropriate names. If a player is allotted seats in a Cabinet bill and has not filled in names for the relevant candidate position, then the program will automatically fill in the positions with names which might not necessarily be appropriate for the Cultural Protocols. |
Random quote: "The honest politician is one who, when he is bought, stays bought." - Simon Cameron |