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Bill: Income tax proposal of August 2600
Details
Submitted by[?]: Silly Hats Party
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: April 2601
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 |
| > 600 MCR | 5% | 6,849,000,000 MCR |
| > 3,000 MCR | 10% | 28,021,000,000 MCR |
| > 9,000 MCR | 15% | 25,477,000,000 MCR | Total | 60,347,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 09:22:13, July 03, 2008 CET | From | Supporters of Science in Design (IP) | To | Debating the Income tax proposal of August 2600 |
| Message | We feel this system is too complicated. A flat tax causes the least work for our citizens to calculate. |
| Date | 10:32:01, July 03, 2008 CET | From | Silly Hats Party | To | Debating the Income tax proposal of August 2600 |
| Message | We belive that a stepped system like this is easy to calculate, but more fair for those on lower incomes. A flat tax rate punishes those on lower incomes more, because they can afford to give the least, and so in the SDP's opinion should not be asked to give as much as those on higher incomes. |
| Date | 13:11:04, July 03, 2008 CET | From | National Labor Party | To | Debating the Income tax proposal of August 2600 |
| Message | We believe that fairness in the tax system is far more important than appeasing those who are not educated enough to understand a bracket-step tax system. If you are so unable to understand the level of tax you must pay, hire an accountant, or for that matter, anybody who has completed the legally-required level of education within Malivia. Malivia is credited for having a highly-educated society, surely they can understand a system with merely 3 brackets in it. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 64 | ||
| no | Total Seats: 61 | ||
| abstain | Total Seats: 0 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "When we're unemployed, we're called lazy; when the whites are unemployed it's called a depression." - Jesse Jackson |