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Bill: Income tax proposal of January 2929
Details
Submitted by[?]: Royal Crown Alliance (IA)
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: March 2930
Description[?]:
| The Royal Crown Alliance propose to adjust the government's income tax policy to better address the economic situation of the Mordusian Democratic Republic. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 10
Proposed: 15
Article 2
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 |
| > 40,000 MRD | 15% | 258,182,000,000 MRD | Total | 258,182,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
| Date | 20:39:30, April 26, 2010 CET | From | Elitist Super Squad (PM) | To | Debating the Income tax proposal of January 2929 |
| Message | Taxes on corporations aren't worth a lot. |
| Date | 20:39:37, April 26, 2010 CET | From | Elitist Super Squad (PM) | To | Debating the Income tax proposal of January 2929 |
| Message | Taxes on corporations aren't worth a lot. |
| Date | 20:39:39, April 26, 2010 CET | From | Elitist Super Squad (PM) | To | Debating the Income tax proposal of January 2929 |
| Message | Taxes on corporations aren't worth a lot. |
| Date | 00:38:10, April 27, 2010 CET | From |  Royal Crown Alliance (IA) | To | Debating the Income tax proposal of January 2929 |
| Message | If after the passage of this and the budget bill there is still a deficit, we will cover it by creating an additional, slightly higher bracket later on. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 86 | ||
| no | Total Seats: 49 | ||
| abstain | Total Seats: 0 |
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