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Bill: Income tax proposal of September 2444
Details
Submitted by[?]: Supporters of Science in Design (IP)
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 2445
Description[?]:
| The Supporters of Science in Design propose to adjust the government's income tax policy to better address the economic situation of the Gerajan Republic of Malivia. Eliminating some of our huge surplus. Giving it back to the people. |
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 | 1% | 259,000,000 MCR |
| > 10,000 MCR | 5% | 1,107,000,000 MCR |
| > 11,000 MCR | 8% | 1,478,000,000 MCR |
| > 12,000 MCR | 12% | 3,813,000,000 MCR |
| > 14,000 MCR | 16% | 1,954,000,000 MCR |
| > 15,000 MCR | 17% | 4,545,000,000 MCR |
| > 18,000 MCR | 18% | 795,000,000 MCR |
| > 19,000 MCR | 20% | 592,000,000 MCR |
| > 20,000 MCR | 25% | 6,213,000,000 MCR | Total | 20,756,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 293 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 225 |
| Random fact: When your party holds the foreign affairs department, you can create new treaties. However, before writing anything new, it is a good idea to search for existing treaties which already accomplish what you desire. |
| Random quote: "Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice." - Ayn Rand |