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Bill: Income tax proposal of January 4194
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: January 4195
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% | 570,000,000 MCR |
| > 1,500 MCR | 2% | 570,000,000 MCR |
| > 2,000 MCR | 2% | 1,139,000,000 MCR |
| > 3,000 MCR | 3% | 1,709,000,000 MCR |
| > 4,000 MCR | 4% | 2,267,000,000 MCR |
| > 5,000 MCR | 12% | 23,029,000,000 MCR |
| > 10,000 MCR | 35% | 29,609,000,000 MCR |
| > 15,000 MCR | 40% | 13,645,000,000 MCR |
| > 20,000 MCR | 40% | 4,836,000,000 MCR |
| > 25,000 MCR | 40% | 3,505,000,000 MCR |
| > 30,000 MCR | 40% | 664,000,000 MCR |
| > 33,000 MCR | 35% | 387,000,000 MCR |
| > 35,000 MCR | 25% | 138,000,000 MCR |
| > 36,000 MCR | 25% | 138,000,000 MCR |
| > 37,000 MCR | 25% | 32,000,000 MCR | Total | 82,238,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 03:10:01, April 11, 2017 CET | From | Unity Labour Party | To | Debating the Income tax proposal of January 4194 |
| Message | Why not lessen the tax rate for those receiving 1000-5000 MCR by 1%, 15.000 MCR by 2% and increase 20.000-25000 MCR by7%, so that consumer spending would be increased thereby encouraging economic growth while increase |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 460 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 240 |
| Random fact: Players are expected to play the game independently and should not share their passwords or allow others to access their accounts. |
| Random quote: "Without opposition there is no politics." - Alun Daffys, former Alorian politician |