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Bill: Income tax proposal of January 5026
Details
Submitted by[?]: Liberal Democratic Party (LDP)
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: September 5026
Description[?]:
| The Liberal Democratic Party (LDP) propose to adjust the government's income tax policy to better address the economic situation of the Republic of Kalistan (Kalistan). |
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 |
| > 7,500 KRB | 7% | 29,808,000,000 KRB |
| > 15,000 KRB | 14% | 79,488,000,000 KRB |
| > 25,000 KRB | 21% | 119,231,000,000 KRB |
| > 35,000 KRB | 28% | 238,463,000,000 KRB |
| > 50,000 KRB | 35% | 875,747,000,000 KRB |
| > 100,000 KRB | 42% | 971,703,000,000 KRB |
| > 200,000 KRB | 50% | 286,511,000,000 KRB |
| > 300,000 KRB | 60% | 67,645,000,000 KRB | Total | 2,668,596,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 300 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: It is not allowed to call more than 5 elections in 5 game years in a nation. The default sanction for a player persisting in the early election tactic will be a seat reset. |
| Random quote: "To retain respect for sausages and laws, one must not watch them in the making." - Otto von Bismarck |