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Bill: Income tax proposal of March 3165
Details
Submitted by[?]: Jakanian Popular 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: November 3165
Description[?]:
| The Jakanian Popular Front 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 |
| > 20,000 JAK | 20% | 104,156,000,000 JAK |
| > 30,000 JAK | 25% | 92,960,000,000 JAK |
| > 40,000 JAK | 30% | 82,553,000,000 JAK |
| > 50,000 JAK | 35% | 71,325,000,000 JAK |
| > 60,000 JAK | 40% | 63,301,000,000 JAK |
| > 70,000 JAK | 43% | 54,065,000,000 JAK |
| > 80,000 JAK | 46% | 45,095,000,000 JAK |
| > 90,000 JAK | 49% | 43,063,000,000 JAK |
| > 100,000 JAK | 50% | 29,304,000,000 JAK |
| > 110,000 JAK | 50% | 20,934,000,000 JAK |
| > 120,000 JAK | 50% | 12,396,000,000 JAK |
| > 130,000 JAK | 50% | 10,728,000,000 JAK |
| > 140,000 JAK | 50% | 6,402,000,000 JAK |
| > 150,000 JAK | 50% | 6,246,000,000 JAK | Total | 642,528,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
| Date | 12:17:34, August 11, 2011 CET | From | Jakanian Popular Front | To | Debating the Income tax proposal of March 3165 |
| Message | This is part of the defecit reduction program. Of course, when the dire economic situation easens, so will taxation and public spending will increase. |
| Date | 13:13:11, August 11, 2011 CET | From | Party of Jakanian Union and Progress | To | Debating the Income tax proposal of March 3165 |
| Message | This reasonable the monarchist party accepts. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 250 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
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| Random quote: "The Lord is a man of war" - Exodus 15:3 |