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Bill: Income Tax and Corporate Tax
Details
Submitted by[?]: Le Congrès du Peuple
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 4728
Description[?]:
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 13
Current: 25
Proposed: 14
Article 2
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 |
| > 18,000 KRP | 3% | 6,426,000,000 KRP |
| > 24,000 KRP | 5% | 11,086,000,000 KRP |
| > 36,000 KRP | 8% | 8,100,000,000 KRP |
| > 48,000 KRP | 10% | 4,763,000,000 KRP |
| > 60,000 KRP | 13% | 3,584,000,000 KRP |
| > 72,000 KRP | 16% | 3,782,000,000 KRP |
| > 96,000 KRP | 21% | 0 KRP |
| > 120,000 KRP | 24% | 0 KRP | Total | 37,741,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 525 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Moderation reserves the discretion to declare RP laws invalid if the players supporting them are doing so in an excessively confrontational way. |
| Random quote: "Politics is the system of depriving the proletariat of their power." - Karl Marx |