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Bill: Income tax proposal of May 4195
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: December 4196
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 | 3% | 856,000,000 MCR |
> 1,500 MCR | 3% | 856,000,000 MCR |
> 2,000 MCR | 3% | 1,711,000,000 MCR |
> 3,000 MCR | 4% | 2,282,000,000 MCR |
> 4,000 MCR | 6% | 3,405,000,000 MCR |
> 5,000 MCR | 12% | 23,070,000,000 MCR |
> 10,000 MCR | 35% | 29,671,000,000 MCR |
> 15,000 MCR | 40% | 13,670,000,000 MCR |
> 20,000 MCR | 40% | 4,843,000,000 MCR |
> 25,000 MCR | 40% | 3,511,000,000 MCR |
> 30,000 MCR | 40% | 664,000,000 MCR |
> 33,000 MCR | 35% | 388,000,000 MCR |
> 35,000 MCR | 30% | 166,000,000 MCR |
> 36,000 MCR | 30% | 166,000,000 MCR |
> 37,000 MCR | 30% | 38,000,000 MCR | Total | 85,297,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
Date | 23:12:17, April 13, 2017 CET | From | Unity Labour Party | To | Debating the Income tax proposal of May 4195 |
Message | my party will support this bill. I wish it safe passage |
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Voting
Vote | Seats | ||
yes |
Total Seats: 460 | ||
no |
Total Seats: 240 | ||
abstain | Total Seats: 0 |
Random fact: When forming a cabinet, try to include as few parties as possible, while still obtaining a majority of the seats. |
Random quote: "A dictatorship is a country where they have taken the politics out of politics." - Sam Himmell |