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Bill: HAA 14, Income Tax Proposal of March 5212
Details
Submitted by[?]: Hizb Alkafurii Altijarii
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: March 5213
Description[?]:
| The Hizb Alkafurii Altijarii propose to adjust the government's income tax policy to better address the economic situation of the Jamahiriat al-Qalb (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 |
| > 5,000 KAF | 10% | 14,459,000,000 KAF |
| > 7,500 KAF | 15% | 21,689,000,000 KAF |
| > 10,000 KAF | 20% | 57,837,000,000 KAF |
| > 15,000 KAF | 25% | 68,256,000,000 KAF |
| > 20,000 KAF | 30% | 70,893,000,000 KAF |
| > 25,000 KAF | 35% | 68,102,000,000 KAF |
| > 30,000 KAF | 40% | 112,721,000,000 KAF |
| > 40,000 KAF | 45% | 84,934,000,000 KAF |
| > 50,000 KAF | 50% | 177,088,000,000 KAF | Total | 675,979,000,000 KAF |
Debate
These messages have been posted to debate on this bill:
| Date | 17:35:40, November 17, 2022 CET | From | Hizb Alkafurii Altijarii | To | Debating the HAA 14, Income Tax Proposal of March 5212 |
| Message | This bill raises the floor for taxation and reduces taxes for almost everyone. It is not revenue neutral and the loss in revenue will be reflected in quite a bit less surplus. finance Minister Shabab |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 264 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 236 |
| Random fact: Large scale RP planning (such as wars, regional/continental conflicts, economic collapse, etc.) should be planned (as best as it can be) and should have consent of a majority of players involved. |
| Random quote: "Poverty is like punishment for a crime you didn't commit." - Eli Khamarov |