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Bill: Income tax proposal of August 4068
Details
Submitted by[?]: Patriotic Alliance of Citizens
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: April 4069
Description[?]:
The Patriotic Alliance of Citizens propose to adjust the government's income tax policy to better address the economic situation of the Republik 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 |
> 1 MCR | 10% | 563,000,000 MCR |
> 100 MCR | 11% | 939,000,000 MCR |
> 250 MCR | 12% | 1,707,000,000 MCR |
> 500 MCR | 13% | 1,850,000,000 MCR |
> 750 MCR | 14% | 1,992,000,000 MCR |
> 1,000 MCR | 15% | 2,134,000,000 MCR |
> 1,250 MCR | 16% | 2,277,000,000 MCR |
> 1,500 MCR | 17% | 2,419,000,000 MCR |
> 1,750 MCR | 18% | 2,561,000,000 MCR |
> 2,000 MCR | 20% | 5,692,000,000 MCR |
> 2,500 MCR | 21% | 70,103,000,000 MCR |
> 10,000 MCR | 25% | 35,870,000,000 MCR | Total | 128,107,000,000 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: "I'm not an environmentalist. I'm an earth warrior." - Darryl Cherney |