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Bill: Income tax proposal of June 4187
Details
Submitted by[?]: Unity Labour 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: July 4188
Description[?]:
| The Unity Labour Party propose to adjust the government's income tax policy to better address the economic situation of the Free State of Malivia. As Prime Minister and Minister of finance , I hereby propose this budget bill before legislature. This bill honourable members seek to continue the policy initiative and vision of my previous government in expanding the economy and increasing jobs , as we are targeting a GDP over 605 billion. This bill sees the classification and introduction of 5 new salary classifications. It is my hope that we can support this bill in the interest of the people and state. This bill will not lead to a budget deficit, but will actually see a budget surplus if over 6 billion dollars. |
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 |
| > 1,000 MCR | 1% | 285,000,000 MCR |
| > 1,500 MCR | 1% | 285,000,000 MCR |
| > 2,000 MCR | 1% | 569,000,000 MCR |
| > 3,000 MCR | 1% | 569,000,000 MCR |
| > 4,000 MCR | 3% | 1,700,000,000 MCR |
| > 5,000 MCR | 12% | 23,025,000,000 MCR |
| > 10,000 MCR | 36% | 30,445,000,000 MCR |
| > 15,000 MCR | 40% | 13,638,000,000 MCR |
| > 20,000 MCR | 40% | 4,834,000,000 MCR |
| > 25,000 MCR | 40% | 3,506,000,000 MCR |
| > 30,000 MCR | 40% | 666,000,000 MCR |
| > 33,000 MCR | 35% | 388,000,000 MCR |
| > 35,000 MCR | 20% | 111,000,000 MCR |
| > 36,000 MCR | 20% | 111,000,000 MCR |
| > 37,000 MCR | 20% | 25,000,000 MCR | Total | 80,157,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 22:47:47, March 28, 2017 CET | From | Unity Labour Party | To | Debating the Income tax proposal of June 4187 |
| Message | I hereby move this bill for its first reading. |
| Date | 16:23:52, March 29, 2017 CET | From | Unity Labour Party | To | Debating the Income tax proposal of June 4187 |
| Message | I hereby move a motion that this bill be voted on and passed |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 273 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 165 |
| Random fact: In general, role-play requires the consent of all players. |
| Random quote: "Those who are too smart to engage in politics are punished by being governed by those who are dumber." - Plato |