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Bill: Income tax proposal of June 3781
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: February 3782
Description[?]:
| The Fatherland Front propose to adjust the government's income tax policy to better address the economic situation of the Democratic Kingdom 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 |
| > 4,000 MCR | 75% | 42,516,000,000 MCR |
| > 5,000 MCR | 75% | 39,531,000,000 MCR |
| > 6,000 MCR | 75% | 34,345,000,000 MCR |
| > 7,000 MCR | 75% | 27,434,000,000 MCR |
| > 8,000 MCR | 75% | 23,232,000,000 MCR |
| > 9,000 MCR | 75% | 19,437,000,000 MCR |
| > 10,000 MCR | 75% | 16,608,000,000 MCR |
| > 11,000 MCR | 75% | 13,863,000,000 MCR |
| > 12,000 MCR | 75% | 12,171,000,000 MCR |
| > 13,000 MCR | 75% | 11,671,000,000 MCR |
| > 14,000 MCR | 75% | 9,164,000,000 MCR |
| > 15,000 MCR | 75% | 7,580,000,000 MCR |
| > 16,000 MCR | 75% | 6,897,000,000 MCR |
| > 17,000 MCR | 75% | 5,584,000,000 MCR |
| > 18,000 MCR | 75% | 3,314,000,000 MCR |
| > 19,000 MCR | 75% | 2,220,000,000 MCR |
| > 20,000 MCR | 75% | 2,162,000,000 MCR |
| > 21,000 MCR | 75% | 1,737,000,000 MCR |
| > 22,000 MCR | 75% | 1,724,000,000 MCR |
| > 23,000 MCR | 75% | 1,724,000,000 MCR |
| > 24,000 MCR | 75% | 1,724,000,000 MCR |
| > 25,000 MCR | 75% | 1,724,000,000 MCR |
| > 26,000 MCR | 75% | 1,724,000,000 MCR |
| > 27,000 MCR | 75% | 1,286,000,000 MCR |
| > 28,000 MCR | 75% | 1,221,000,000 MCR |
| > 29,000 MCR | 75% | 619,000,000 MCR |
| > 30,000 MCR | 75% | 414,000,000 MCR |
| > 31,000 MCR | 75% | 414,000,000 MCR |
| > 32,000 MCR | 75% | 414,000,000 MCR |
| > 33,000 MCR | 75% | 414,000,000 MCR |
| > 34,000 MCR | 75% | 414,000,000 MCR |
| > 35,000 MCR | 75% | 924,000,000 MCR | Total | 294,206,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 346 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 154 |
| Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
| Random quote: "Catch a man a fish, and you can sell it to him. Teach a man to fish, and you ruin a wonderful business opportunity." - Karl Marx |