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Bill: Income tax proposal of January 4189
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: November 4189
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 and create economic growth and jobs for the fiscal year 4189 |
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% | 570,000,000 MCR |
| > 3,000 MCR | 1% | 570,000,000 MCR |
| > 4,000 MCR | 2% | 1,134,000,000 MCR |
| > 5,000 MCR | 10% | 19,198,000,000 MCR |
| > 10,000 MCR | 33% | 27,930,000,000 MCR |
| > 15,000 MCR | 40% | 13,651,000,000 MCR |
| > 20,000 MCR | 40% | 4,838,000,000 MCR |
| > 25,000 MCR | 40% | 3,506,000,000 MCR |
| > 30,000 MCR | 40% | 663,000,000 MCR |
| > 33,000 MCR | 35% | 387,000,000 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 | 73,264,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 02:06:32, April 01, 2017 CET | From | Unity Labour Party | To | Debating the Income tax proposal of January 4189 |
| Message | I hereby move a motion that this bill be debated for the first time |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 242 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 196 |
| Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
| Random quote: "The most radical revolutionary will become a conservative the day after the revolution." - Hannah Arendt |