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Bill: Income tax proposal of June 2920
Details
Submitted by[?]: Republican Party of Jakania
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: February 2921
Description[?]:
| The National Business 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 |
| > 5,000 JAK | 10% | 28,910,000,000 JAK |
| > 10,000 JAK | 15% | 86,731,000,000 JAK |
| > 20,000 JAK | 23% | 166,463,000,000 JAK |
| > 35,000 JAK | 26% | 115,592,000,000 JAK |
| > 50,000 JAK | 29% | 245,517,000,000 JAK | Total | 643,213,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 196 | |
| no | Total Seats: 53 | |
| abstain | Total Seats: 1 |
| Random fact: Particracy does not allow role-play that seems to belong to the world of fantasy, science fiction and futuristic speculation. |
| Random quote: "I am loyal to the ideas, not to the institutions." - Cyro Aquila, former Selucian politician |