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Bill: Income tax proposal of September 4123
Details
Submitted by[?]: Ecosocialist Anti-theist Pacifist 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: May 4124
Description[?]:
| The Jakanian Anti-theist Republican Party 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% | 100,333,000,000 JAK |
| > 25,000 JAK | 20% | 122,892,000,000 JAK |
| > 40,000 JAK | 25% | 140,768,000,000 JAK |
| > 65,000 JAK | 30% | 89,743,000,000 JAK |
| > 90,000 JAK | 37% | 96,308,000,000 JAK | Total | 550,044,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 350 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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