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Bill: Income tax proposal of December 2200
Details
Submitted by[?]: Conservative Freedom Party of Jakania
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: September 2202
Description[?]:
| The Conservative Freedom Party of Jakania 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 |
| > 25,000 JAK | 14% | 242,903,000,000 JAK | Total | 242,903,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
| Date | 07:27:31, March 17, 2006 CET | From | Jakania Republican Party | To | Debating the Income tax proposal of December 2200 |
| Message | Need more information |
| Date | 02:01:19, March 18, 2006 CET | From | Conservative Freedom Party of Jakania | To | Debating the Income tax proposal of December 2200 |
| Message | Such as? |
| Date | 08:00:40, March 18, 2006 CET | From | Jakania Republican Party | To | Debating the Income tax proposal of December 2200 |
| Message | Is it just taxing people with a yearly sarlary of 25,000 or more and not others? We did see that there are more wage groups. |
| Date | 15:14:32, March 18, 2006 CET | From | Conservative Freedom Party of Jakania | To | Debating the Income tax proposal of December 2200 |
| Message | That's correct. The first 25,000 JAK of one's income is exempt from taxation; income above that is taxed at 14%. |
| Date | 11:27:08, March 19, 2006 CET | From | Libertarian-Socialist Coalition | To | Debating the Income tax proposal of December 2200 |
| Message | This seems like too huge a loss in tax revenue for us to cope with without drastically cutting defense and social spending. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 133 | ||
| no | Total Seats: 60 | ||
| abstain | Total Seats: 57 |
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