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Bill: Income tax proposal of August 4711
Details
Submitted by[?]: Kalopian Green Party (PKN)
Status[?]: defeated
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: April 4712
Description[?]:
| The Kalopian Green Party (PKN) propose to adjust the government's income tax policy to better address the economic situation of the Kalopian Dimokratía (Kalopian Republic). |
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 |
| > 1,000 WAN | 1% | 2,301,000,000 WAN |
| > 5,000 WAN | 3% | 8,630,000,000 WAN |
| > 10,000 WAN | 7% | 40,271,000,000 WAN |
| > 20,000 WAN | 11% | 62,556,000,000 WAN |
| > 30,000 WAN | 15% | 75,889,000,000 WAN |
| > 40,000 WAN | 18% | 75,760,000,000 WAN |
| > 50,000 WAN | 21% | 73,242,000,000 WAN |
| > 60,000 WAN | 24% | 68,654,000,000 WAN |
| > 70,000 WAN | 27% | 63,181,000,000 WAN |
| > 80,000 WAN | 29% | 53,757,000,000 WAN |
| > 90,000 WAN | 32% | 45,942,000,000 WAN |
| > 100,000 WAN | 35% | 36,486,000,000 WAN |
| > 110,000 WAN | 40% | 36,777,000,000 WAN |
| > 120,000 WAN | 45% | 43,516,000,000 WAN |
| > 135,000 WAN | 47% | 30,954,000,000 WAN |
| > 150,000 WAN | 50% | 20,133,000,000 WAN |
| > 165,000 WAN | 52% | 16,867,000,000 WAN |
| > 180,000 WAN | 53% | 9,600,000,000 WAN |
| > 195,000 WAN | 55% | 12,145,000,000 WAN | Total | 776,661,000,000 WAN |
Debate
These messages have been posted to debate on this bill:
| Date | 21:41:41, February 15, 2020 CET | From | Kalopian Green Party (PKN) | To | Debating the Income tax proposal of August 4711 |
| Message | This change, would raise the government budget by around 2,5 billion WAN. Also it'd make the really poor's situation better. Also it'd only take more money from the very rich. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 209 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 226 |
| Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
| Random quote: "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting that vote." - Unknown |