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Bill: Income tax proposal of October 2602
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: December 2603
Description[?]:
| The Sensible 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 |
| > 1,000 MCR | 5% | 4,272,000,000 MCR |
| > 2,500 MCR | 10% | 33,406,000,000 MCR |
| > 10,000 MCR | 15% | 21,524,000,000 MCR | Total | 59,202,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 07:34:34, July 07, 2008 CET | From | Silly Hats Party | To | Debating the Income tax proposal of October 2602 |
| Message | This tax bill is the most fair tax bill for low income earners Malivia has ever known. It also cuts high income tax, which means that higher income earners should be encouraged to spend more, promoting economic growth, which should benefit all Malivians. The SP promises further tax reform in future years to increase fairness to the middle income bracket, whcih should help promote further economic growth. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 35 | ||
| no | Total Seats: 59 | ||
| abstain |
Total Seats: 31 |
| Random fact: In cases where a party has no seat, the default presumption should be that the party is able to contribute to debates in the legislature due to one of its members winning a seat at a by-election. However, players may collectively improvise arrangements of their own to provide a satisfying explanation for how parties with no seats in the legislature can speak and vote there. |
| Random quote: "If a white man falls off a chair drunk, it's just a drunk. If a Negro does, it's the whole damn Negro race." - Bill Cosby |