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Bill: Capitalist Restoration Tax Plan
Details
Submitted by[?]: United Mordusia Coalition (IP)
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: October 3441
Description[?]:
| On behalf of capitalists in Mordusia, the members of the Isolationist Party propose to adjust the government's income tax policy to better address the economic situation of the The Federal Republic of Mordusia. |
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 MRD | 10% | 50,635,000,000 MRD |
| > 10,000 MRD | 15% | 294,516,000,000 MRD |
| > 50,000 MRD | 20% | 266,021,000,000 MRD | Total | 611,172,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
| Date | 01:52:08, February 15, 2013 CET | From | Progressive Centre Party | To | Debating the Capitalist Restoration Tax Plan |
| Message | The Progressive Centre Party would ask that the brackets be reconsidered, with the addition of 80,000 MRD at 25%, and 150,000 MRD at 35%. |
| Date | 02:00:27, February 15, 2013 CET | From | United Mordusia Coalition (IP) | To | Debating the Capitalist Restoration Tax Plan |
| Message | We are sorry fellow mordusians. No one deserves to pay over 1/4 of their income. We could however create a tax bracket at 100,000 at 25%. We would have to wait to pass this first though. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 277 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 224 |
| Random fact: Party organizations are eligible for deletion if they are over 50 in-game years old, do not have at least 1 active member or are historically significant and possess historically significant information. |
| Random quote: "We never know the worth of water 'til the well is dry." - Thomas Fuller |