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Bill: Income tax proposal of November 2921
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: July 2922
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% | 86,579,000,000 JAK |
| > 20,000 JAK | 15% | 133,709,000,000 JAK |
| > 40,000 JAK | 20% | 223,881,000,000 JAK | Total | 444,169,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
| Date | 19:47:59, April 11, 2010 CET | From | Republican Party of Jakania | To | Debating the Income tax proposal of November 2921 |
| Message | The labor party is against lower taxes on the poor and higher taxes on the rich. Noted. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 196 | |
| no | Total Seats: 53 | |
| abstain | Total Seats: 1 |
| Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
| Random quote: On 7th February 4281 a group of renowned Metzist experts from all across Terra met in Haldor to form the International Committee for the Estimation of the End Date of Capitalism (ICEEDC). With the assistance of a powerful computer, they calculated that capitalism will terminate Terra-wide on 6th November 4320, and in Dorvik on April 17th 4310. We have no reason whatsoever to believe these very eminent and learned scholars are wrong. They have never been wrong about anything before. ~ Friedrich Pfeiffer, General Secretary of the Dorvish Communist Party |