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Bill: Income tax proposal of September 4568
Details
Submitted by[?]: Liberal Democratic Party (LDP)
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 4569
Description[?]:
| The Liberal Democratic Party (LDP) propose to adjust the government's income tax policy to better address the economic situation of the United Republic of Kalistan. This new tax plan will see to a cut of approximately 240 Billion KRB from the İncome Tax. We will still be in a very comfortable surplus and will relieve the citizens from unnecessary burdens of Tax. |
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 |
| > 22,000 KRB | 1% | 13,067,000,000 KRB |
| > 45,000 KRB | 20% | 469,990,000,000 KRB |
| > 90,000 KRB | 25% | 497,699,000,000 KRB |
| > 150,000 KRB | 40% | 579,191,000,000 KRB | Total | 1,559,947,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 168 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 107 |
| Random fact: Real-life organisations should not be referenced in Particracy, unless they are simple and generic (eg. "National Organisation for Women" is allowed). |
| Random quote: "In this age, the man who dares to think for himself and to act independently does a service to his race" - John Stuart Mill |