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Bill: Income tax proposal of February 2543
Details
Submitted by[?]: Soviet Party (Trotskyist)
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: October 2543
Description[?]:
| The Communist-Robertist Party propose to adjust the government's income tax policy to better address the economic situation of the Gerajan Republic of Malivia. If passed, the new tax structure will give the Malivian government an estimated 2 billion MCR additional income while decreasing the taxes that working-class Malivians pay. |
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 | 5% | 2,031,000,000 MCR |
| > 15,000 MCR | 12% | 5,541,000,000 MCR |
| > 25,000 MCR | 26% | 3,322,000,000 MCR | Total | 10,894,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 12:59:12, March 08, 2008 CET | From | Supporters of Science in Design (IP) | To | Debating the Income tax proposal of February 2543 |
| Message | Why is a tax increase needed at this time? -Faith Vo, Former Maharaja, Supporters of Science in Design |
| Date | 14:33:50, March 08, 2008 CET | From | Soviet Party (Trotskyist) | To | Debating the Income tax proposal of February 2543 |
| Message | It is not a tax increase. The majority of Malivians have less then 15,000 MCR. They are poor. They deserve a tax cut, and this bill gives it to them. To compensate for the revenue loss, this bill increases taxes on the rich, who are more able to pay taxes then the poor. -Paul Rivers, Minister of Finance, Communist-Robertist Party |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 446 | ||
| no | Total Seats: 208 | ||
| abstain |
Total Seats: 96 |
| Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
| Random quote: "If I can't dance, I don't want to be part of your revolution." - Emma Goldman |