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Bill: Income tax proposal of March 4557
Details
Submitted by[?]: Parti Conservateur Royaliste
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: November 4557
Description[?]:
| The Parti Conservateur Royaliste 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 |
| > 2,000 KRP | 20% | 23,034,000,000 KRP |
| > 4,000 KRP | 25% | 57,584,000,000 KRP |
| > 8,000 KRP | 30% | 69,101,000,000 KRP |
| > 12,000 KRP | 35% | 56,893,000,000 KRP |
| > 15,000 KRP | 40% | 88,358,000,000 KRP |
| > 20,000 KRP | 45% | 73,055,000,000 KRP |
| > 25,000 KRP | 50% | 54,040,000,000 KRP |
| > 30,000 KRP | 55% | 69,637,000,000 KRP |
| > 40,000 KRP | 60% | 64,285,000,000 KRP |
| > 60,000 KRP | 65% | 24,063,000,000 KRP |
| > 80,000 KRP | 70% | 9,950,000,000 KRP | Total | 590,000,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 291 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 109 |
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