We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Tax Reform of 4661
Details
Submitted by[?]: Cakaniye Cumhuriyetçi Partisi (CCP)
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: September 4661
Description[?]:
| The The Republican Party propose to adjust the government's tax policy to better address the economic situation of the Republic of Jakania |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 20
Proposed: 7
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 65
Current: 20
Proposed: 50
Article 3
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 |
| > 6,500 JAK | 5% | 53,060,000,000 JAK |
| > 25,000 JAK | 10% | 89,032,000,000 JAK |
| > 50,000 JAK | 25% | 107,458,000,000 JAK |
| > 75,000 JAK | 50% | 122,685,000,000 JAK |
| > 100,000 JAK | 75% | 120,021,000,000 JAK |
| > 150,000 JAK | 90% | 11,255,000,000 JAK | Total | 503,511,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 475 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Head to the "Language assistance" thread to receive and offer help with translations: http://forum.particracy.net/viewtopic.php?f=5&t=6368 |
| Random quote: "Presidency, n. The greased pig in the field game of American politics." - Ambrose Bierce |