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Bill: Income tax proposal of August 2902
Details
Submitted by[?]: Liberal Democratic Party
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: April 2903
Description[?]:
| The Liberal Democratic Party 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 |
| > 3,000 JAK | 9% | 15,600,000,000 JAK |
| > 6,000 JAK | 11% | 25,422,000,000 JAK |
| > 10,000 JAK | 13% | 37,556,000,000 JAK |
| > 15,000 JAK | 17% | 29,467,000,000 JAK |
| > 18,000 JAK | 21% | 24,267,000,000 JAK |
| > 20,000 JAK | 26% | 72,541,000,000 JAK |
| > 25,000 JAK | 30% | 72,488,000,000 JAK |
| > 30,000 JAK | 34% | 68,878,000,000 JAK |
| > 35,000 JAK | 37% | 62,589,000,000 JAK |
| > 40,000 JAK | 40% | 191,502,000,000 JAK |
| > 60,000 JAK | 45% | 211,398,000,000 JAK |
| > 100,000 JAK | 50% | 86,155,000,000 JAK | Total | 897,863,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 95 | ||
| no |
Total Seats: 155 | ||
| abstain | Total Seats: 0 |
| Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
| Random quote: "When there's a single thief, it's robbery. When there are a thousand thieves, it's taxation. " -Vanya Cohen |