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Bill: Income tax proposal of July 5288
Details
Submitted by[?]: United Kalopia - National Alliance
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 5289
Description[?]:
| The United Kalopia - National Alliance propose to adjust the government's income tax policy to better address the economic situation of the Kalopikí Dimokratía (Kalopia). |
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 |
| > 20,000 WAN | 1% | 4,025,000,000 WAN |
| > 27,000 WAN | 2% | 8,578,000,000 WAN |
| > 35,000 WAN | 3% | 10,018,000,000 WAN |
| > 42,000 WAN | 4% | 13,179,000,000 WAN |
| > 50,000 WAN | 5% | 12,509,000,000 WAN |
| > 57,000 WAN | 10% | 25,145,000,000 WAN |
| > 65,000 WAN | 11% | 20,066,000,000 WAN |
| > 72,000 WAN | 12% | 22,141,000,000 WAN |
| > 80,000 WAN | 13% | 12,792,000,000 WAN |
| > 85,000 WAN | 14% | 12,172,000,000 WAN |
| > 90,000 WAN | 15% | 21,533,000,000 WAN |
| > 100,000 WAN | 16% | 31,396,000,000 WAN |
| > 120,000 WAN | 18% | 29,284,000,000 WAN |
| > 150,000 WAN | 20% | 22,573,000,000 WAN | Total | 245,411,000,000 WAN |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 155 | ||
| no |
Total Seats: 107 | ||
| abstain |
Total Seats: 38 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "While we may not always agree it is my hope that we may always be civil." - Jonathan Clarke, former Hutorian politician |