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Bill: Income tax proposal of November 4503
Details
Submitted by[?]: Royal Nationalist Party
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: July 4504
Description[?]:
The Keymon Libertarian Front (K.L.F) propose to adjust the government's income tax policy to better address the economic situation of the a Repubblica di Keymon (The Keymon Republic). |
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 KED | 1% | 115,000,000 KED |
> 1,000 KED | 2% | 918,000,000 KED |
> 5,000 KED | 3% | 1,395,000,000 KED |
> 10,000 KED | 4% | 982,000,000 KED |
> 15,000 KED | 5% | 760,000,000 KED |
> 20,000 KED | 6% | 463,000,000 KED |
> 25,000 KED | 7% | 380,000,000 KED |
> 30,000 KED | 8% | 230,000,000 KED |
> 35,000 KED | 9% | 52,000,000 KED |
> 40,000 KED | 10% | 0 KED | Total | 5,295,000,000 KED |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 100 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: There are two countries based on Egypt in the game. Cobura is based on modern Egypt with a retro twist, while Hawu Mumenhes is based on Ancient Egypt with a modernist twist. |
Random quote: "Let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred." - Martin Luther King Jr. |