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Bill: Income tax proposal of August 2442
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: May 2443
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 |
| > 9,000 MCR | 6% | 1,555,000,000 MCR |
| > 10,000 MCR | 8% | 1,772,000,000 MCR |
| > 11,000 MCR | 10% | 1,848,000,000 MCR |
| > 12,000 MCR | 12% | 1,947,000,000 MCR |
| > 13,000 MCR | 14% | 2,179,000,000 MCR |
| > 14,000 MCR | 16% | 1,955,000,000 MCR |
| > 15,000 MCR | 18% | 1,819,000,000 MCR |
| > 16,000 MCR | 20% | 3,328,000,000 MCR |
| > 18,000 MCR | 22% | 972,000,000 MCR |
| > 19,000 MCR | 24% | 710,000,000 MCR |
| > 20,000 MCR | 26% | 750,000,000 MCR |
| > 21,000 MCR | 28% | 649,000,000 MCR |
| > 22,000 MCR | 30% | 5,897,000,000 MCR | Total | 25,381,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||||
| yes |
Total Seats: 454 | |||||||
| no | Total Seats: 64 | |||||||
| abstain | Total Seats: 55 |
| Random fact: Unless otherwise stated, monarchs and their royal houses will be presumed to be owned by the player who introduced the bill appointing them to their position. |
| Random quote: "Poetry is about the grief; politics is about the grievance." - Robert Frost |