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Bill: Income tax proposal of June 4113
Details
Submitted by[?]: United Democratic 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: February 4114
Description[?]:
The United Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Free State 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 |
> 2,000 MCR | 16% | 9,127,000,000 MCR |
> 3,000 MCR | 18% | 10,268,000,000 MCR |
> 4,000 MCR | 20% | 11,351,000,000 MCR |
> 5,000 MCR | 25% | 48,062,000,000 MCR |
> 10,000 MCR | 30% | 25,432,000,000 MCR |
> 15,000 MCR | 35% | 11,961,000,000 MCR |
> 20,000 MCR | 41% | 4,964,000,000 MCR |
> 25,000 MCR | 45% | 3,950,000,000 MCR |
> 30,000 MCR | 49% | 1,961,000,000 MCR | Total | 127,076,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes |
Total Seats: 163 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 87 |
Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
Random quote: "I am a conservative to preserve all that is good in our constitution, a radical to remove all that is bad. I seek to preserve property and to respect order, and I equally decry the appeal to the passions of the many or the prejudices of the few." - Benjamin Disraeli |