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Bill: Income tax proposal of June 4160
Details
Submitted by[?]: New Labour, New Mordusia
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: September 4161
Description[?]:
| The New Labour, New Mordusia propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Mordusia. This Bill will result in a tax cut for everyone earning under 64,000MRD (Those earning under 32,000MRD would still pay no tax). It will also provide around 7,000,000,000MRD more for the national budget. |
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 |
| > 32,000 MRD | 3% | 34,623,000,000 MRD |
| > 64,000 MRD | 7% | 37,141,000,000 MRD |
| > 96,000 MRD | 10% | 39,286,000,000 MRD | Total | 111,050,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
| Date | 22:04:10, February 02, 2017 CET | From | Mordusia First! | To | Debating the Income tax proposal of June 4160 |
| Message | We have a tax plan that would benefit the nation greatly. However we would support this plan as well. Robin Banks Tea Party candidate for the Minister of Finance |
| Date | 10:48:19, February 04, 2017 CET | From | Hosian Left Party | To | Debating the Income tax proposal of June 4160 |
| Message | We are goth see this bill as a microscopic step forward. We shall be unveiling our own tax plan and budget soon |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 454 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 296 |
| Random fact: "Jezvraljogadsrlji" means "Social" in the Jelbic languages. |
| Random quote: "Those who expect to reap the blessing of freedom must, like men, undergo the fatigue of supporting it. " - Thomas Paine |