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Bill: Income tax proposal of December 2406
Details
Submitted by[?]: Union of Democratic Socialists
Status[?]: defeated
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 2408
Description[?]:
| The Social Responsibility Party propose to adjust the government's income tax policy to better address the economic situation of United Jakania, and increase tax revenue. |
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 |
| > 25,000 JAK | 1% | 8,889,000,000 JAK |
| > 50,000 JAK | 2% | 8,582,000,000 JAK |
| > 75,000 JAK | 5% | 12,237,000,000 JAK |
| > 100,000 JAK | 7% | 11,170,000,000 JAK |
| > 150,000 JAK | 9% | 1,125,000,000 JAK | Total | 42,003,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
| Date | 00:10:59, May 21, 2007 CET | From | Jakania Republican Party | To | Debating the Income tax proposal of December 2406 |
| Message | We can agree to this, but the main problem is that the government spends way too much. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 14 | ||
| no | Total Seats: 18 | ||
| abstain | Total Seats: 68 |
| Random fact: Make sure to check out Particracy's wiki. http://particracy.wikia.com/wiki/Main_Page |
| Random quote: "Liberty means responsibility. That is why most men dread it." - George Bernard Shaw |