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Bill: Income tax proposal of July 3731
Details
Submitted by[?]: Fatherland Front
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: March 3732
Description[?]:
The Fatherland Front propose to adjust the government's income tax policy to better address the economic situation of the Malivian Imperium. |
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 |
> 250 MCR | 75% | 10,672,000,000 MCR |
> 500 MCR | 75% | 21,343,000,000 MCR |
> 1,000 MCR | 75% | 42,687,000,000 MCR |
> 2,000 MCR | 75% | 42,687,000,000 MCR |
> 3,000 MCR | 75% | 42,687,000,000 MCR |
> 4,000 MCR | 75% | 42,474,000,000 MCR |
> 5,000 MCR | 75% | 39,498,000,000 MCR |
> 6,000 MCR | 75% | 34,317,000,000 MCR |
> 7,000 MCR | 75% | 27,412,000,000 MCR |
> 8,000 MCR | 75% | 23,216,000,000 MCR |
> 9,000 MCR | 75% | 19,420,000,000 MCR |
> 10,000 MCR | 75% | 30,440,000,000 MCR |
> 12,000 MCR | 75% | 23,819,000,000 MCR |
> 14,000 MCR | 75% | 16,722,000,000 MCR |
> 16,000 MCR | 75% | 12,466,000,000 MCR |
> 18,000 MCR | 75% | 5,529,000,000 MCR |
> 20,000 MCR | 75% | 9,058,000,000 MCR |
> 25,000 MCR | 75% | 6,572,000,000 MCR |
> 30,000 MCR | 75% | 2,079,000,000 MCR |
> 35,000 MCR | 75% | 927,000,000 MCR | Total | 454,025,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 100 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
Random quote: "We are told that this is an odious and unpopular tax. I never knew a tax that was not odious and unpopular with the people who paid it." - John Sherman |