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Bill: Bill D-12: Tax Plan of 3421
Details
Submitted by[?]: Jelbanian Democratic 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 not pass any sooner than the deadline.
Voting deadline: December 3421
Description[?]:
| The Jelbanian Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Dominion Empire of Jelbania. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 0
Proposed: 20
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 18
Proposed: 6
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 19
Proposed: 20
Article 4
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 JEL | 6% | 17,189,000,000 JEL |
| > 10,000 JEL | 12% | 68,757,000,000 JEL |
| > 20,000 JEL | 18% | 142,919,000,000 JEL |
| > 35,000 JEL | 24% | 133,386,000,000 JEL |
| > 55,000 JEL | 30% | 138,732,000,000 JEL |
| > 80,000 JEL | 36% | 115,154,000,000 JEL |
| > 110,000 JEL | 42% | 84,575,000,000 JEL |
| > 145,000 JEL | 48% | 41,563,000,000 JEL | Total | 742,275,000,000 JEL |
Debate
These messages have been posted to debate on this bill:
| Date | 17:17:11, January 04, 2013 CET | From |  Jelbanian Democratic Party | To | Debating the Bill D-12: Tax Plan of 3421 |
| Message | This tax plan raises the overall tax rate by 20% across the board to address the near non-existent surplus created from the last spending budget, and to fund the new government budget. Krissy Burke Finance Minister |
| Date | 03:46:35, January 05, 2013 CET | From | United New Jelbania | To | Debating the Bill D-12: Tax Plan of 3421 |
| Message | We would have wanted lengthier debates over this. We may not support the 5% increase for corporations, as we deem to detrimental to attracting investments and the overall stimulation of the economy. Charles Stephen Leader of the Opposition |
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Voting
| Vote | Seats | |
| yes | Total Seats: 176 | |
| no |
Total Seats: 159 | |
| abstain | Total Seats: 0 |
| Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
| Random quote: "When I was a boy I was told that anybody could become President; I'm beginning to believe it." - Clarence Darrow |