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Bill: Income tax proposal of May 4242
Details
Status[?]: defeated
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 4243
Description[?]:
| The Liberal Party of Malivia propose to adjust the government's income tax policy to better address the economic situation of the Free State of Malivia.So high taxes are ridiculous. We let people use their money to manage them themselves. People themselves know better what they want to spend. Jakub Nitecki |
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 |
| > 550 MCR | 1% | 256,000,000 MCR |
| > 1,000 MCR | 2% | 569,000,000 MCR |
| > 1,500 MCR | 2% | 569,000,000 MCR |
| > 2,000 MCR | 3% | 854,000,000 MCR |
| > 2,500 MCR | 3% | 854,000,000 MCR |
| > 3,000 MCR | 6% | 683,000,000 MCR |
| > 3,200 MCR | 6% | 1,024,000,000 MCR |
| > 3,500 MCR | 7% | 398,000,000 MCR |
| > 3,600 MCR | 7% | 797,000,000 MCR |
| > 3,800 MCR | 7% | 797,000,000 MCR |
| > 4,000 MCR | 8% | 2,277,000,000 MCR |
| > 4,500 MCR | 8% | 455,000,000 MCR |
| > 4,600 MCR | 10% | 2,248,000,000 MCR |
| > 5,000 MCR | 17% | 469,000,000 MCR |
| > 5,050 MCR | 25% | 6,085,000,000 MCR |
| > 5,500 MCR | 25% | 1,307,000,000 MCR |
| > 5,600 MCR | 26% | 2,693,000,000 MCR |
| > 5,800 MCR | 26% | 2,594,000,000 MCR |
| > 6,000 MCR | 25% | 20,576,000,000 MCR |
| > 8,000 MCR | 25% | 14,212,000,000 MCR |
| > 10,000 MCR | 30% | 6,637,000,000 MCR |
| > 11,000 MCR | 35% | 6,462,000,000 MCR |
| > 12,000 MCR | 35% | 11,116,000,000 MCR |
| > 14,000 MCR | 36% | 4,393,000,000 MCR |
| > 15,000 MCR | 36% | 12,270,000,000 MCR |
| > 20,000 MCR | 36% | 4,348,000,000 MCR |
| > 25,000 MCR | 40% | 3,505,000,000 MCR |
| > 30,000 MCR | 40% | 1,603,000,000 MCR | Total | 110,051,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 0 | |||
| no |
Total Seats: 450 | |||
| abstain |
Total Seats: 0 |
| Random fact: To see what other nations are up to and to actively involve yourself in international activities: check the Roleplaying section on the forum! Don't be shy to make a news post about your party's recent achievements. |
| Random quote: "Blah blah blah- I'm more of a Leftist than all you puppets... You support cops beating people down and kicking out all the foreigners..." - Omar al-Khali, former Kalistani politician |