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Bill: Income tax proposal of April 2554
Details
Submitted by[?]: Birleşik Demokrat Parti
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: December 2554
Description[?]:
In this Income tax proposal, taxes have risen, but the CPJ has once more been able to remove the lowest band - we have roughly a surplus of three billion; a decrease, but still keeps us out of a recession. ~ Hilda Jones, Finance Minister |
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 |
> 40,000 JAK | 5% | 13,768,000,000 JAK |
> 50,000 JAK | 6% | 12,235,000,000 JAK |
> 60,000 JAK | 8% | 18,032,000,000 JAK |
> 75,000 JAK | 10% | 12,954,000,000 JAK |
> 87,000 JAK | 12% | 13,860,000,000 JAK |
> 100,000 JAK | 14% | 15,962,000,000 JAK |
> 125,000 JAK | 20% | 9,136,000,000 JAK |
> 150,000 JAK | 26% | 1,636,000,000 JAK |
> 160,000 JAK | 28% | 1,731,000,000 JAK | Total | 99,314,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||
yes | Total Seats: 164 | ||
no | Total Seats: 132 | ||
abstain | Total Seats: 0 |
Random fact: The voters enjoy active parties who take upon themselves the initiative to create laws. |
Random quote: "Apparently, a democracy is a place where numerous elections are held at great cost without issues and with interchangeable candidates." - Gore Vidal |