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Bill: Inoméni Kalópia (IK) Election Campaign
Details
Submitted by[?]: Inoméni Kalópia (IK)
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: September 4553
Description[?]:
| The Inoméni Kalópia (IK) propose to adjust the government's income tax policy to better address the economic situation of the Kalopian Dimokratía (Kalopian Republic). The proposed income tax bands represent a change for the existing tax regime, which is as follows > 15,000 WAN 15% > 35,000 WAN 20% > 55,000 WAN 25% > 75,000 WAN 35% > 95,000 WAN 50% > 120,000 WAN 60% > 170,000 WAN 75% In recognition of the hard work and sacrifice many have felt during the transition from authoritarian socialism, we are pleased to announce the largest tax cut in a generation for all hardworking families. The income tax threshold shall rise from 15,000 WAN to 35,000 WAN. This represents a tax cut for all in Kalopia, benefiting low income workers most of all. Under a Inoméni Kalópia (IK) government our nation has seen unparalleled growth of over 13%, the proceeds of which are being shared by all of society. When we came to power 4 years ago, the government was taxing workers who earned as little as 10,000 WAN 18% of their income. This is a government which supports hardworking families, this is a government for hard working families. At the next election vote Inoméni Kalópia (IK) for progress and prosperity. |
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 |
| > 35,000 WAN | 20% | 168,794,000,000 WAN |
| > 55,000 WAN | 25% | 144,047,000,000 WAN |
| > 75,000 WAN | 35% | 131,038,000,000 WAN |
| > 95,000 WAN | 50% | 130,778,000,000 WAN |
| > 120,000 WAN | 60% | 128,617,000,000 WAN |
| > 170,000 WAN | 75% | 45,790,000,000 WAN | Total | 749,064,000,000 WAN |
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: 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: "Ninety percent of the politicians give the other ten percent a bad reputation." - Henry Kissinger |