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Bill: Income tax proposal of June 3497
Details
Submitted by[?]: Peace and Concord Union
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: February 3498
Description[?]:
| The Peace and Concord Union propose to adjust the government's income tax policy to better address the economic situation of the Decrepit Theocracy of Malivia, Lair of Durrakh-Râajh. |
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 | 33% | 47,480,000,000 MCR | Total | 47,480,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 605 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "The moral justification of capitalism does not lie in the altruist claim that it represents the best way to achieve 'the common good.' It is true that capitalism does, if that catch-phrase has any meaning, but this is merely a secondary consequence. The moral justification for capitalism lies in the fact that it is the only system consonant with man's rational nature, that it protects man's survival qua man, and that its ruling principle is justice." - Ayn Rand |