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Bill: Income tax proposal of December 2265
Details
Submitted by[?]: Jedinij Kanjor
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: December 2266
Description[?]:
| The Marcus Aurelius Party propose to adjust the government's income tax policy to better address the economic situation of the Grand Republic of Kanjor. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 29
Current: 25
Proposed: 30
Article 2
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 |
| > 2,000 KRP | 5% | 11,515,000,000 KRP |
| > 6,000 KRP | 10% | 23,030,000,000 KRP |
| > 10,000 KRP | 15% | 33,832,000,000 KRP |
| > 14,000 KRP | 20% | 38,563,000,000 KRP |
| > 18,000 KRP | 25% | 38,180,000,000 KRP |
| > 22,000 KRP | 30% | 34,997,000,000 KRP |
| > 26,000 KRP | 35% | 28,452,000,000 KRP |
| > 30,000 KRP | 40% | 114,015,000,000 KRP | Total | 322,584,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 301 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
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