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Bill: Income tax proposal of January 4575
Details
Submitted by[?]: Nasjonalt Parti
Status[?]: passed
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: September 4575
Description[?]:
| The Nasjonalt Parti propose to adjust the government's income tax policy to better address the economic situation of the Kongeriket Kazulmark (Kazulia). |
Proposals
Article 1
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The central bank is an entirely independent agency of the government.
Current: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Proposed: The central bank is underneath the direct oversight of the Ministry of Finance.
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 15
Proposed: 0
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 35
Current: 20
Proposed: 25
Article 4
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 18
Current: 25
Proposed: 25
Article 5
Proposal[?] to change Government policy towards labor unions.
Old value:: Trade unions may exist and worker membership is voluntary.
Current: Trade unions may exist and worker membership is voluntary.
Proposed: Trade unions are illegal.
Article 6
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 KKR | 10% | 89,903,000,000 KKR |
| > 18,000 KKR | 25% | 129,310,000,000 KKR |
| > 40,000 KKR | 35% | 79,146,000,000 KKR |
| > 70,000 KKR | 45% | 25,225,000,000 KKR | Total | 323,584,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 135 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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