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Bill: Income tax proposal of September 4537
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: May 4538
Description[?]:
The Honor and Stability Party propose to adjust the government's income tax policy to better address the economic situation of the Junta Militari di Keymon (Military Junta of Keymon). |
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% | 114,000,000 KED |
> 1,000 KED | 3% | 1,374,000,000 KED |
> 5,000 KED | 5% | 2,318,000,000 KED |
> 10,000 KED | 7% | 1,714,000,000 KED |
> 15,000 KED | 9% | 1,365,000,000 KED |
> 20,000 KED | 11% | 847,000,000 KED |
> 25,000 KED | 13% | 703,000,000 KED |
> 30,000 KED | 15% | 429,000,000 KED |
> 35,000 KED | 17% | 98,000,000 KED |
> 40,000 KED | 19% | 0 KED | Total | 8,962,000,000 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 |
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