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Bill: Income tax proposal of April 4950
Details
Submitted by[?]: Tosaigh Coitianta na Choiarlabhan (KPF)
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: December 4950
Description[?]:
| The Kirlawan Popular Front propose to adjust the government's tax policy to better address the economic situation of the Poblacht na Choiarlabhan (Kirlawa). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 15
Proposed: 35
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 3
Proposed: 5
Article 3
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 |
| > 100,000 KDI | 20% | 1,366,361,000,000 KDI |
| > 250,000 KDI | 40% | 1,891,827,000,000 KDI |
| > 500,000 KDI | 50% | 730,205,000,000 KDI | Total | 3,988,393,000,000 KDI |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 750 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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