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Bill: Income tax proposal of March 4752
Details
Submitted by[?]: Parti Libéral Fédéraliste (PLF)
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: January 4753
Description[?]:
| The Parti Libéral Fédéraliste (PLF) propose to adjust the government's income tax policy to better address the economic situation of the République Fédérale de Kanjor (The Federal Republic of 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 |
| > 18,000 KRP | 3% | 6,416,000,000 KRP |
| > 24,000 KRP | 5% | 11,062,000,000 KRP |
| > 36,000 KRP | 8% | 8,077,000,000 KRP |
| > 48,000 KRP | 12% | 5,700,000,000 KRP |
| > 60,000 KRP | 17% | 4,681,000,000 KRP |
| > 72,000 KRP | 23% | 5,430,000,000 KRP |
| > 96,000 KRP | 25% | 0 KRP |
| > 120,000 KRP | 25% | 0 KRP | Total | 41,366,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
| Date | 02:20:04, May 07, 2020 CET | From |  Parti Libéral Fédéraliste (PLF) | To | Debating the Income tax proposal of March 4752 |
| Message | 'Monsieur Speaker' This proposal is fairly easy. The Minister of Finance, Francois Tusk, proposes a more fair increase in percentage of income taxed. This while still having a low income tax percentage throughout all income classes. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 381 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 144 |
| Random fact: Unless otherwise stated, monarchs and their royal houses will be presumed to be owned by the player who introduced the bill appointing them to their position. |
| Random quote: "Let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred." - Martin Luther King Jr. |