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Bill: Income tax proposal of July 2429
Details
Submitted by[?]: Liberal Party of Malivia
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: March 2430
Description[?]:
| The Liberal Party of Malivia 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 |
| > 12,000 MCR | 10% | 7,065,000,000 MCR |
| > 18,000 MCR | 18% | 3,505,000,000 MCR |
| > 25,000 MCR | 25% | 2,469,000,000 MCR |
| > 32,000 MCR | 32% | 928,000,000 MCR | Total | 13,967,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||||
| yes |
Total Seats: 101 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 99 |
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