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Bill: Income tax proposal of April 2494
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: December 2494
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. Lowering taxes due to the current surplus. Taxes on the poor have been eliminated. |
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 |
| > 12,200 MCR | 10% | 2,844,000,000 MCR |
| > 14,000 MCR | 13% | 1,588,000,000 MCR |
| > 15,000 MCR | 16% | 4,987,000,000 MCR |
| > 19,000 MCR | 18% | 5,007,000,000 MCR | Total | 14,426,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 424 | |||||
| no | Total Seats: 149 | |||||
| abstain | Total Seats: 177 |
| Random fact: Particracy does not allow real-life brand names (eg. Coca Cola, McDonalds, Microsoft). However, in the case of military equipment brand names it is permitted to use simple number-letter combinations (eg. T-90 and F-22) borrowed from real life, and also simple generic names, like those of animals (eg. Leopard and Jaguar). |
| Random quote: "Law is mind without reason." - Aristotle |