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Bill: Income tax proposal of September 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: May 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 | 11% | 31,806,000,000 JAK |
| > 10,000 JAK | 15% | 86,744,000,000 JAK |
| > 20,000 JAK | 22% | 159,257,000,000 JAK |
| > 35,000 JAK | 24% | 106,730,000,000 JAK |
| > 50,000 JAK | 26% | 220,100,000,000 JAK | Total | 604,637,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 196 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 54 |
| Random fact: Each user account may only be used by the player who set it up. Handing over an account to another player is not allowed. |
| Random quote: "We are told that this is an odious and unpopular tax. I never knew a tax that was not odious and unpopular with the people who paid it." - John Sherman |