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Bill: Income tax proposal of January 2157
Details
Submitted by[?]: Progressive Labour Party
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: August 2158
Description[?]:
| The Progressive Labour Party propose to adjust the government's income tax policy to better address the economic situation of the United Federation 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 |
| > 6,000 MCR | 3% | 3,398,000,000 MCR |
| > 9,000 MCR | 6% | 3,989,000,000 MCR |
| > 12,000 MCR | 12% | 6,487,000,000 MCR |
| > 16,000 MCR | 25% | 5,998,000,000 MCR |
| > 20,000 MCR | 33% | 3,986,000,000 MCR |
| > 25,000 MCR | 48% | 6,129,000,000 MCR | Total | 29,987,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 18:41:27, December 16, 2005 CET | From | Malivia Liberals | To | Debating the Income tax proposal of January 2157 |
| Message | We do not support the tax unless it is lowered under 30% for all classes! |
| Date | 19:11:10, December 16, 2005 CET | From |  Protectorate Party | To | Debating the Income tax proposal of January 2157 |
| Message | We support. |
| Date | 20:41:14, December 16, 2005 CET | From | Progressive Labour Party | To | Debating the Income tax proposal of January 2157 |
| Message | If this bill goes through, we will be able to increase the budget for Justice, thus helping to reduce crime which is just a problem for a country. |
| Date | 23:15:29, December 16, 2005 CET | From | Imperial Malivian Party | To | Debating the Income tax proposal of January 2157 |
| Message | We Trust the the PLP knows what its doing and therefore support. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 292 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 207 |
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