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Bill: Income Tax Simplification
Details
Submitted by[?]: Demokratik Ittifak 🐺
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: February 4743
Description[?]:
Legislation to simplify the income tax regime while at the same time bringing many taxpayers out of the paying tax altogether. |
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 |
> 10,000 JAK | 15% | 128,501,000,000 JAK |
> 25,000 JAK | 25% | 272,931,000,000 JAK |
> 60,000 JAK | 50% | 320,774,000,000 JAK | Total | 722,206,000,000 JAK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 207 | ||
no | Total Seats: 0 | ||
abstain |
Total Seats: 0 |
Random fact: It is possible for a player to transfer ownership of a character or a royal house to another player. This should be done in a public way, such as on the Character Transfers thread, so that if a dispute arises in the future, Moderation can be pointed towards evidence of the transfer. |
Random quote: "Whenever the people are well informed, they can be trusted with their own government; that whenever things get so far wrong as to attract their notice, they may be relied on to set them to rights." - Thomas Jefferson |