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Bill: Income tax proposal of December 2557
Details
Submitted by[?]: Birleşik Demokrat Parti
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: June 2559
Description[?]:
| The Communist Party of Jakania propose to adjust the government's income tax policy to better address the economic situation of the United Jakania. |
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 | 8% | 22,053,000,000 JAK |
| > 50,000 JAK | 10% | 20,416,000,000 JAK |
| > 60,000 JAK | 12% | 27,076,000,000 JAK |
| > 75,000 JAK | 15% | 19,457,000,000 JAK |
| > 87,000 JAK | 18% | 20,818,000,000 JAK |
| > 100,000 JAK | 20% | 22,866,000,000 JAK |
| > 125,000 JAK | 25% | 11,456,000,000 JAK |
| > 150,000 JAK | 30% | 1,896,000,000 JAK |
| > 160,000 JAK | 40% | 2,482,000,000 JAK | Total | 148,520,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
| Date | 01:20:41, April 08, 2008 CET | From |  Birleşik Demokrat Parti | To | Debating the Income tax proposal of December 2557 |
| Message | Both this and the Budget are to deal with the current situation in Deltaria. Should the situation cease, we will lower taxes. |
| Date | 02:43:54, April 08, 2008 CET | From | Jakanian Reform Party | To | Debating the Income tax proposal of December 2557 |
| Message | Not that we have a say in it, we'll endorse the bill though. |
| Date | 18:09:59, April 08, 2008 CET | From | Party for a Federal Meritocracy | To | Debating the Income tax proposal of December 2557 |
| Message | How exactly do you (JRP and JDP) explain voting for the new budget but against the tax increase? There isn't enough money to support the new budget without raising taxes. Are you planning for the government to borrow all that money? If so, where do the funds to pay that come from? |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 120 | ||
| no | Total Seats: 230 | ||
| abstain | Total Seats: 0 |
| Random fact: Moderation will not approve a Cultural Protocol request within the first 48 hours of it being requested. This is in order to give other players a chance to query the proposed changes, if they wish to do so. Moderation may be approached for advice on a proposed change, but any advice proffered should always be understood under the provisio that no final decision will be made until at least 48 hours after the request has been formally submitted for approval. |
| Random quote: "I envy you. You North Americans are very lucky. You are fighting the most important fight of all, you live in the heart of the beast." - Che Guevara |