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Bill: Income tax proposal of January 4192
Details
Submitted by[?]: Libertarian 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: September 4192
Description[?]:
The Libertarian 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 |
> 1,000 MCR | 2% | 569,000,000 MCR |
> 1,500 MCR | 2% | 569,000,000 MCR |
> 2,000 MCR | 2% | 1,138,000,000 MCR |
> 3,000 MCR | 2% | 1,138,000,000 MCR |
> 4,000 MCR | 3% | 1,699,000,000 MCR |
> 5,000 MCR | 10% | 19,187,000,000 MCR |
> 10,000 MCR | 35% | 29,611,000,000 MCR |
> 15,000 MCR | 40% | 13,641,000,000 MCR |
> 20,000 MCR | 40% | 4,831,000,000 MCR |
> 25,000 MCR | 40% | 3,505,000,000 MCR |
> 30,000 MCR | 40% | 665,000,000 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 | 25% | 32,000,000 MCR | Total | 77,195,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
Date | 02:40:01, April 07, 2017 CET | From | Unity Labour Party | To | Debating the Income tax proposal of January 4192 |
Message | Normally based on the constitution, all policy bills that deals with budgets and foreign affairs must at least be debated at least for 3-6 game months and the be sent for a voting because of the nature and importance of these bills. However I'll support the bill since this may actually be your first time performing the role |
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Voting
Vote | Seats | |||
yes |
Total Seats: 481 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 0 |
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Random quote: "Difference of religion breeds more quarrels than difference of politics." - Wendell Phillips |