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Bill: Income tax proposal of June 2204
Details
Submitted by[?]: Sect of the Green Moon
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: February 2205
Description[?]:
The Economic Party propose to adjust the government's income tax policy to better address the economic situation of the United Majatran Republic of Kafuristan. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 00.42
Current: 25
Proposed: 00
Article 2
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 |
> 400 KAF | 21% | 498,000,000,000 KAF | Total | 498,000,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
Date | 02:27:56, March 25, 2006 CET | From | Sect of the Green Moon | To | Debating the Income tax proposal of June 2204 |
Message | It's a bloody tax decrease! |
Date | 03:35:22, March 25, 2006 CET | From | Communist Party of Kafuristan | To | Debating the Income tax proposal of June 2204 |
Message | Exactly, the government needs more funding so we can boost spending. |
Date | 18:06:20, March 25, 2006 CET | From | Sect of the Green Moon | To | Debating the Income tax proposal of June 2204 |
Message | But we are making profit. I mean surplus. |
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Voting
Vote | Seats | ||||||
yes | Total Seats: 35 | ||||||
no |
Total Seats: 221 | ||||||
abstain |
Total Seats: 44 |
Random fact: "Kubrk" is a Jelbic word that has the colloquial meaning "old man" or "geezer". |
Random quote: "To retain respect for sausages and laws, one must not watch them in the making." - Otto von Bismarck |