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Bill: War Taxes proposal of February 3179
Details
Submitted by[?]: Children of the Wrath
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: October 3179
Description[?]:
| The Geradschanische Wohlfahrtspartei propose to adjust the government's 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 Tax percentage of the profit made by corporations.
Old value:: 50
Current: 5
Proposed: 90
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 7
Current: 0
Proposed: 50
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 36
Current: 25
Proposed: 50
Article 4
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 | 50% | 113,877,000,000 MCR |
| > 5,000 MCR | 80% | 153,653,000,000 MCR |
| > 10,000 MCR | 99% | 142,154,000,000 MCR | Total | 409,684,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 75 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 0 |
| Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
| Random quote: "Cruel leaders are replaced only to have new leaders turn cruel." - Ernesto "Che" Guevara |