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Bill: Income tax proposal of September 2940
Details
Submitted by[?]: Großmalivische Reichspartei
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: May 2941
Description[?]:
The Democratic Workers' Party propose to adjust the government's income tax policy to better address the economic situation of the Republic 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 |
> 10,000 MCR | 5% | 5,942,000,000 MCR |
> 20,000 MCR | 10% | 2,489,000,000 MCR |
> 50,000 MCR | 15% | 0 MCR | Total | 8,431,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||
yes | Total Seats: 98 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 3 |
Random fact: It usually takes up to an hour for election results to generate. During this time, the "Next Election" date is put forward a month, which is confusing. Do not worry! In a short time, the election result will generate and the "Next Election" date will then correct itself. |
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