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Bill: Income tax proposal of November 4161
Details
Submitted by[?]: Blackshirts
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: July 4162
Description[?]:
| The Blackshirts 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 | 15% | 8,554,000,000 MCR |
| > 3,000 MCR | 17% | 9,695,000,000 MCR |
| > 4,000 MCR | 20% | 11,349,000,000 MCR |
| > 5,000 MCR | 25% | 48,034,000,000 MCR |
| > 10,000 MCR | 40% | 33,846,000,000 MCR |
| > 15,000 MCR | 40% | 13,647,000,000 MCR |
| > 20,000 MCR | 40% | 4,842,000,000 MCR |
| > 25,000 MCR | 45% | 3,950,000,000 MCR |
| > 30,000 MCR | 45% | 1,251,000,000 MCR |
| > 35,000 MCR | 45% | 558,000,000 MCR | Total | 135,726,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 18:07:12, February 05, 2017 CET | From | Malivian People's Party | To | Debating the Income tax proposal of November 4161 |
| Message | The members of The FOCL party strongly disagree with most forms of taxation, however we understand the overall good it does, when used properly. Such as building roads and other public services for all citizens to enjoy. We believe there should be but one tax imposed on all peoples, regardless of employment situation or annual income. Those who are more successful should not be punished for that reason. Furthermore, we believe to take 15% of ones income is intolerable and would like to see that percentage lowered considerably. Obviously Malivia is in debt as it is, and this action alone would put her into even more debt. Considerable changes would need to be made to the budget, such as lowering the income of politics. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 750 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
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| Random quote: "A free people ought not only to be armed and disciplined, but they should have sufficient arms and ammunition to maintain a status of independence from any who might attempt to abuse them, which would include their own government." - George Washington |