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Bill: Income tax proposal of March 3286
Details
Submitted by[?]: Order and Peace Party
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: December 3286
Description[?]:
The Order and Peace 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 |
> 10,000 JAK | 17% | 49,124,000,000 JAK |
> 15,000 JAK | 20% | 57,792,000,000 JAK |
> 20,000 JAK | 40% | 208,303,000,000 JAK |
> 30,000 JAK | 50% | 185,920,000,000 JAK |
> 40,000 JAK | 50% | 137,574,000,000 JAK |
> 50,000 JAK | 50% | 101,884,000,000 JAK |
> 60,000 JAK | 50% | 79,108,000,000 JAK |
> 70,000 JAK | 50% | 62,868,000,000 JAK |
> 80,000 JAK | 50% | 49,052,000,000 JAK |
> 90,000 JAK | 50% | 43,984,000,000 JAK |
> 100,000 JAK | 50% | 29,360,000,000 JAK |
> 110,000 JAK | 50% | 20,983,000,000 JAK |
> 120,000 JAK | 55% | 13,671,000,000 JAK |
> 130,000 JAK | 55% | 11,831,000,000 JAK |
> 140,000 JAK | 60% | 7,701,000,000 JAK |
> 150,000 JAK | 70% | 8,765,000,000 JAK | Total | 1,067,920,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
Date | 12:22:24, April 09, 2012 CET | From | Order and Peace Party | To | Debating the Income tax proposal of March 3286 |
Message | We feel that this is the appropriate taxation for the citizens of United Jakania |
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Voting
Vote | Seats | ||
yes | Total Seats: 0 | ||
no |
Total Seats: 250 | ||
abstain | Total Seats: 0 |
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Random quote: "Forgive your enemies, but never forget their names." - John F. Kennedy |