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Bill: Income tax proposal of February 2325
Details
Submitted by[?]: Kirlawa Democratic Labour
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: October 2327
Description[?]:
| The Kirlawa Democratic Labour propose to adjust the government's income tax policy to better address the economic situation of the Free Democratic Union of Kirlawa. |
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 |
| > 50,000 KDI | 8% | 115,887,000,000 KDI |
| > 75,000 KDI | 17% | 147,756,000,000 KDI |
| > 90,000 KDI | 24% | 671,343,000,000 KDI |
| > 140,000 KDI | 30% | 1,876,589,000,000 KDI |
| > 310,000 KDI | 37% | 1,142,653,000,000 KDI |
| > 500,000 KDI | 51% | 593,304,000,000 KDI |
| > 690,000 KDI | 62% | 184,182,000,000 KDI | Total | 4,731,714,000,000 KDI |
Debate
These messages have been posted to debate on this bill:
| Date | 18:15:36, December 06, 2006 CET | From | Kirlawa Democratic Labour | To | Debating the Income tax proposal of February 2325 |
| Message | In this tax proposal, we have cut the lowest band and the second lowest band by 2% each, funded by a raise of the old highest rate of 1% and a new highest band at 62%. This has overall raised tax income by about 1 thousand million pounds, putting overall tax income at 5,242,993,000,000 Dinars. |
| Date | 20:55:21, December 06, 2006 CET | From | Kirlawan Popular Front | To | Debating the Income tax proposal of February 2325 |
| Message | Sound as a pound! (or should that be dinar?) |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 422 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 325 |
| Random fact: "Spamming", or the indiscriminate posting of unsolicited messages, is not allowed. |
| Random quote: "Were it not for electricity, we would have to watch television in the dark." - Muammar Gaddafi- |