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Bill: Income tax proposal of March 3114
Details
Submitted by[?]: Geradschanische Monarchistischen Partei
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: November 3114
Description[?]:
The Liberal Conservative Party propose to adjust the government's income tax policy to better address the economic situation of the Great Gerajan Alorian Kingdom of Malivia, Abode of Welfare. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 4
Current: 0
Proposed: 7
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 30
Current: 25
Proposed: 36
Article 3
Proposal[?] to change Government policy on nuclear power.
Old value:: The government encourages nuclear power (subsidies, tax relief etc).
Current: The government encourages nuclear power (subsidies, tax relief etc).
Proposed: The government does not take any position on nuclear power.
Article 4
Proposal[?] to change
Taxation of religious institutions.
Old value:: Recognized religions are not taxed.
Current: Religions are treated as companies, and all profit is taxed, however, charitable donations are not taxed.
Proposed: Religions are treated as companies, and all profit is taxed, however, charitable donations are not taxed.
Article 5
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Current: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Proposed: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Article 6
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 |
> 6,000 MCR | 5% | 6,965,000,000 MCR |
> 10,000 MCR | 6% | 5,080,000,000 MCR |
> 15,000 MCR | 16% | 7,397,000,000 MCR |
> 25,000 MCR | 25% | 1,986,000,000 MCR |
> 29,000 MCR | 61% | 2,944,000,000 MCR | Total | 24,372,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 38 | |
no | Total Seats: 37 | |
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: "It makes no difference, in principle, if this 'collective will' is divined by the edicts of a dictator or by majority vote, so long as the rights of the individual may still be sacrificed." - Robert Garmong |