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Bill: Income tax proposal of April 4817
Details
Submitted by[?]: Muintir na Kirlawa
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: December 4817
Description[?]:
| In line with our policy objectives, we propose a cut in the starting rate of income tax. |
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 |
| > 25,000 KDI | 18% | 2,007,819,000,000 KDI |
| > 250,000 KDI | 27% | 1,626,203,000,000 KDI |
| > 750,000 KDI | 36% | 56,883,000,000 KDI | Total | 3,690,905,000,000 KDI |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 231 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 192 |
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