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Bill: Expansive Tax Incomes Act 5292
Details
Submitted by[?]: Kundrati Democracy
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 5292
Description[?]:
| Kundrati Democracy demands to adjust the government's income tax policy to better address the economic situation of the Kundrati Union (Kundrati). This is a good description. nebraska |
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 |
| > 1,000 KUN | 5% | 11,185,000,000 KUN |
| > 5,000 KUN | 10% | 13,982,000,000 KUN |
| > 7,500 KUN | 20% | 27,963,000,000 KUN |
| > 10,000 KUN | 35% | 715,514,000,000 KUN |
| > 50,000 KUN | 40% | 272,112,000,000 KUN |
| > 75,000 KUN | 45% | 179,115,000,000 KUN |
| > 100,000 KUN | 50% | 128,446,000,000 KUN |
| > 150,000 KUN | 55% | 72,876,000,000 KUN | Total | 1,421,193,000,000 KUN |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 273 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 227 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "Whenever a separation is made between liberty and justice, neither, in my opinion, is safe." - Edmund Burke |