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Bill: Income tax proposal of January 2466
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: September 2466
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. We wish to encourage people to become richer, while also softening the blow of taxes to the poorest. |
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 MCR | 4% | 885,000,000 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% | 4,544,000,000 MCR |
> 18,000 MCR | 18% | 795,000,000 MCR |
> 19,000 MCR | 20% | 592,000,000 MCR |
> 20,000 MCR | 21% | 5,222,000,000 MCR | Total | 19,283,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
Date | 21:43:49, October 05, 2007 CET | From | Radical Labor Confederation | To | Debating the Income tax proposal of January 2466 |
Message | OOC: As far as I can tell from Particracy's taxes setup, this is a progressive scaling system. So yay, finally y'all see the light. |
Date | 21:08:57, October 06, 2007 CET | From | St. George's Xtreme Coalition Party | To | Debating the Income tax proposal of January 2466 |
Message | OOC: oops, well, would've voted yes on this if I'd been around, too. |
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Voting
Vote | Seats | ||||||
yes |
Total Seats: 455 | ||||||
no | Total Seats: 0 | ||||||
abstain | Total Seats: 145 |
Random fact: The players in a nation have a collective responsibility to ensure their "Bills under debate" section is kept in good order. Bills which are irrelevant or have become irrelevant should be deleted. Deletion can be requested for bills proposed by inactive parties on the Bill Clearout Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
Random quote: "Envy is the cause of political division." - Democritus |