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Bill: Income Taxation Adjustment Act
Details
Submitted by[?]: Communist Party
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: August 4298
Description[?]:
| The Mordusian Socialist Party propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Mordusia. |
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 |
| > 35,000 MRD | 12% | 150,646,000,000 MRD |
| > 75,000 MRD | 18% | 81,102,000,000 MRD |
| > 112,500 MRD | 24% | 48,794,000,000 MRD |
| > 152,500 MRD | 30% | 10,286,000,000 MRD | Total | 290,828,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
| Date | 00:22:01, November 05, 2017 CET | From | Independent party | To | Debating the Income Taxation Adjustment Act |
| Message | We won’t support. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 341 | |||
| no | Total Seats: 304 | |||
| abstain | Total Seats: 105 |
| Random fact: Information about the population of each country can be found on the Population Information thread: http://forum.particracy.net/viewtopic.php?f=5&t=8663 |
| Random quote: "The only difference between the Republican and Democratic parties is the velocities with which their knees hit the floor when corporations knock on their door. That's the only difference." - Ralph Nader |