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Bill: Income tax proposal of May 2289
Details
Submitted by[?]: Progressive Democratic Front
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: June 2290
Description[?]:
| The Kanjoran Fascist Alliance propose to adjust the government's income tax policy to better address the economic situation of the Holy Kanjorian Empire. |
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 |
| > 6,000 KRP | 10% | 37,368,000,000 KRP |
| > 12,500 KRP | 25% | 227,384,000,000 KRP | Total | 264,752,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
| Date | 07:57:21, September 26, 2006 CET | From |  Progressive Democratic Front | To | Debating the Income tax proposal of May 2289 |
| Message | This taxation bill has been carefully coordinated with the KFA's spending proposal, giving the State an approx. $2 billion surplus every year. The tax-free bracket has been expanded and we believe this to be a much more equitable tax code that will stimulate the economy and bring about greater prosperity. |
| Date | 10:34:52, September 26, 2006 CET | From | Kanjoran Socialist Party | To | Debating the Income tax proposal of May 2289 |
| Message | *claps* I will approve both of the economic bills. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 50 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 25 |
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| Random quote: "Politics is the art of postponing decisions until they are no longer relevant." - Henri Queuille |