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Bill: Income tax proposal of November 2419
Details
Submitted by[?]: Protectorate 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: December 2420
Description[?]:
| The Protectorate Party propose to adjust the government's income tax policy to better address the economic situation of the Gerajan Republic of Malivia. |
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 |
| > 4,000 MCR | 4% | 5,332,000,000 MCR |
| > 6,500 MCR | 7% | 6,270,000,000 MCR |
| > 9,000 MCR | 10% | 6,652,000,000 MCR |
| > 12,000 MCR | 13% | 7,028,000,000 MCR |
| > 16,000 MCR | 19% | 6,861,000,000 MCR |
| > 25,000 MCR | 28% | 2,456,000,000 MCR |
| > 30,000 MCR | 33% | 1,326,000,000 MCR | Total | 35,925,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 05:14:56, June 27, 2007 CET | From | Supporters of Science in Design (IP) | To | Debating the Income tax proposal of November 2419 |
| Message | We feel that this new tax arrangement will be more useful to spur investment, so we support this. |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 200 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: When forming a cabinet, try to include as few parties as possible, while still obtaining a majority of the seats. |
| Random quote: "Isn't it about time that the US government stop supporting dictatorships and avaricious oligarchies with our tax monies, munitions, and diplomacy?" - Ralph Nader |