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Bill: Income tax proposal of October 5012
Details
Submitted by[?]: Democrat 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: June 5013
Description[?]:
The King21 Party propose to adjust the government's income tax policy to better address the economic situation of the al-Mamlakah al-Qalb al-Ma'atraniyyah (Kafuristan). |
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 |
> 1 KAF | 45% | 234,000,000 KAF |
> 10 KAF | 45% | 2,342,000,000 KAF |
> 100 KAF | 45% | 23,416,000,000 KAF |
> 1,000 KAF | 45% | 234,161,000,000 KAF |
> 10,000 KAF | 50% | 281,008,000,000 KAF |
> 20,000 KAF | 55% | 236,910,000,000 KAF |
> 30,000 KAF | 60% | 169,022,000,000 KAF |
> 40,000 KAF | 65% | 122,633,000,000 KAF |
> 50,000 KAF | 65% | 78,789,000,000 KAF |
> 60,000 KAF | 65% | 127,474,000,000 KAF |
> 100,000 KAF | 65% | 23,981,000,000 KAF |
> 400,000 KAF | 68% | 0 KAF | Total | 1,299,970,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 375 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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