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Bill: Income tax proposal of September 4813
Details
Submitted by[?]: Reform Party
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 4814
Description[?]:
| The Reform Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Hawu-Ikradon (Ikradon). |
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 |
| > 8,999 IKD | 15% | 9,000,000 IKD |
| > 9,000 IKD | 15% | 76,582,000,000 IKD |
| > 18,000 IKD | 15% | 61,811,000,000 IKD |
| > 26,000 IKD | 15% | 78,586,000,000 IKD |
| > 40,000 IKD | 15% | 116,717,000,000 IKD |
| > 75,000 IKD | 15% | 24,808,000,000 IKD |
| > 87,000 IKD | 15% | 25,905,000,000 IKD |
| > 105,000 IKD | 15% | 10,849,000,000 IKD |
| > 135,000 IKD | 15% | 3,305,000,000 IKD | Total | 398,572,000,000 IKD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 501 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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