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Bill: Income tax proposal of November 2937
Details
Submitted by[?]: Republican Party of Jakania
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: August 2938
Description[?]:
| The Progress Party of Jakania (PPJ) propose to adjust the government's income tax policy to better address the economic situation of the United Jakania. 130 bn tax cut, for your evaluation. |
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 | 8% | 69,384,000,000 JAK |
| > 20,000 JAK | 9% | 46,891,000,000 JAK |
| > 30,000 JAK | 10% | 64,732,000,000 JAK |
| > 50,000 JAK | 11% | 93,127,000,000 JAK | Total | 274,134,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 100 | ||
| no | Total Seats: 66 | ||
| abstain | Total Seats: 71 |
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| Random quote: "Sometimes it is said that man cannot be trusted with the government of himself. Can he, then, be trusted with the government of others?" - Thomas Jefferson |