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Bill: Income tax proposal of November 2266
Details
Submitted by[?]: Kazulian Labour Party
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: July 2267
Description[?]:
The Kazulian Socialist Party propose to adjust the government's income tax policy to better address the economic situation of the Free Republic of Kazulia. |
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 KKR | 2% | 2,958,000,000 KKR |
> 10,000 KKR | 7% | 12,423,000,000 KKR |
> 13,000 KKR | 10% | 11,722,000,000 KKR |
> 15,000 KKR | 11% | 22,413,000,000 KKR |
> 20,000 KKR | 12% | 17,825,000,000 KKR |
> 25,000 KKR | 15% | 17,888,000,000 KKR |
> 30,000 KKR | 20% | 35,755,000,000 KKR |
> 40,000 KKR | 22% | 25,140,000,000 KKR |
> 50,000 KKR | 30% | 33,586,000,000 KKR |
> 70,000 KKR | 40% | 22,431,000,000 KKR | Total | 202,141,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||
yes | Total Seats: 76 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 24 |
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