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Bill: Flat Tax Act
Details
Submitted by[?]: Islamic Nationalist Front
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: April 2142
Description[?]:
| A BILL to abolish all sales taxes and establish a single, flat tax rate for incomes above 10,000 JAK a year. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 10
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 12
Current: 20
Proposed: 0
Article 3
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 |
| > 10,000 JAK | 6% | 155,733,000,000 JAK | Total | 155,733,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
| Date | 05:18:42, November 16, 2005 CET | From |  Tuesday Is Coming | To | Debating the Flat Tax Act |
| Message | Supported. |
| Date | 15:00:03, November 16, 2005 CET | From | Jakanian Conservative Party | To | Debating the Flat Tax Act |
| Message | I;d rather tax sales than icnome, but supported |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 250 | |||||
| no | Total Seats: 0 | |||||
| abstain | Total Seats: 0 |
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