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Bill: Income tax proposal of December 2598
Details
Submitted by[?]: Silly Hats Party
Status[?]: defeated
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: August 2599
Description[?]:
| The Social Democrat Party propose to adjust the government's income tax policy to better address the economic situation of the Gerajan Protectorates 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 |
| > 900 MCR | 5% | 5,981,000,000 MCR |
| > 3,000 MCR | 10% | 27,968,000,000 MCR |
| > 9,000 MCR | 15% | 25,409,000,000 MCR | Total | 59,358,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 07:48:43, June 29, 2008 CET | From | Silly Hats Party | To | Debating the Income tax proposal of December 2598 |
| Message | The SDP proposes this change in the tax rates to make it easier for citizens to calculate, with 3 easy 5% stepped increases instead of 5. The introduction of a tax free threshold also works in our Citizens favour, as it means those on the very low incomes get all the money that they have in order to survive. Also, this change in tax rates reduces government tax reciepts, decreasing the tax burden for Malivian Citizens, especially for those on lower incomes who can least afford it. In all, the SDP believes that this proposal will make our tax system fairer, and continue the process of cutting taxes begun last year after a succesful economic expansion program funded by tax increases. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 60 | ||
| no |
Total Seats: 40 | ||
| abstain | Total Seats: 25 |
| Random fact: It is possible for a player to transfer ownership of a character or a royal house to another player. This should be done in a public way, such as on the Character Transfers thread, so that if a dispute arises in the future, Moderation can be pointed towards evidence of the transfer. |
| Random quote: "He who wishes to be obeyed must know how to command." - Niccolo Machiavelli |