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Bill: Income tax proposal of December 4530
Details
Submitted by[?]: Parti Socialiste Kanjorien
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 4531
Description[?]:
| The Parti Socialiste Kanjorienne propose to adjust the government's income tax policy to better address the economic situation of the Royaume de Kanjor. |
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 KRP | 5% | 7,204,000,000 KRP |
| > 3,500 KRP | 15% | 12,967,000,000 KRP |
| > 5,000 KRP | 20% | 57,631,000,000 KRP |
| > 10,000 KRP | 25% | 69,486,000,000 KRP |
| > 15,000 KRP | 30% | 115,084,000,000 KRP |
| > 25,000 KRP | 35% | 63,242,000,000 KRP |
| > 35,000 KRP | 45% | 42,541,000,000 KRP |
| > 45,000 KRP | 55% | 36,887,000,000 KRP |
| > 60,000 KRP | 60% | 18,781,000,000 KRP |
| > 75,000 KRP | 65% | 12,952,000,000 KRP | Total | 436,775,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 150 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Make sure your nation casts its nominations in Particracy's very own Security Council elections! For more information, see http://forum.particracy.net/viewtopic.php?f=26&t=8453 |
| Random quote: "Depressions and mass unemployment are not caused by the free market but by government interference in the economy." - Ludwig von Mises |