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Bill: Income tax proposal of May 3372
Details
Submitted by[?]: Jakania National Party
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: January 3373
Description[?]:
| The Jakania National Party propose to adjust the government's income tax policy to better address the economic situation of the Pharaonic Kingdom of Jakania. We believe a relieve in the taxation of lower income families will better help them. Kristof Robinson, Minister for Finance Deputy Head of Jakania National Party. |
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 | 12% | 34,675,000,000 JAK |
| > 15,000 JAK | 14% | 40,455,000,000 JAK |
| > 20,000 JAK | 35% | 182,265,000,000 JAK |
| > 30,000 JAK | 35% | 130,144,000,000 JAK |
| > 40,000 JAK | 35% | 96,302,000,000 JAK |
| > 50,000 JAK | 35% | 71,319,000,000 JAK |
| > 60,000 JAK | 35% | 55,375,000,000 JAK |
| > 70,000 JAK | 35% | 44,008,000,000 JAK |
| > 80,000 JAK | 35% | 34,336,000,000 JAK |
| > 90,000 JAK | 35% | 30,789,000,000 JAK |
| > 100,000 JAK | 35% | 20,552,000,000 JAK |
| > 110,000 JAK | 35% | 14,688,000,000 JAK |
| > 120,000 JAK | 45% | 11,186,000,000 JAK |
| > 130,000 JAK | 52% | 11,185,000,000 JAK |
| > 140,000 JAK | 60% | 7,701,000,000 JAK |
| > 150,000 JAK | 65% | 8,139,000,000 JAK | Total | 793,119,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 58 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 17 |
| Random fact: Treaties will be eligible for deletion if they are more than 50 in-game years old and have no currently ratified members. |
| Random quote: "An independent is someone who wants to take the politics out of politics." - Adlai Stevenson |