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Bill: Income tax proposal of January 4106
Details
Submitted by[?]: Ecosocialist Anti-theist Pacifist 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: September 4106
Description[?]:
| The Al-hizb Al-jumhuri propose to adjust the government's income tax policy to better address the economic situation of the al-Saltanat al-Jakaniyyah (Sultanate of 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 |
| > 7,500 JAK | 10% | 43,381,000,000 JAK |
| > 15,000 JAK | 15% | 52,057,000,000 JAK |
| > 21,000 JAK | 20% | 44,294,000,000 JAK |
| > 25,000 JAK | 35% | 607,740,000,000 JAK | Total | 747,472,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 0 | |
| no | Total Seats: 95 | |
| abstain | Total Seats: 0 |
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