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Bill: Income tax proposal of May 4313
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: January 4314
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. We aim to increase the amounts earned before taxation in order to expand purchasing power and re-inflate growth. |
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 | 10% | 125,569,000,000 MRD |
| > 75,000 MRD | 15% | 70,575,000,000 MRD |
| > 115,000 MRD | 20% | 33,164,000,000 MRD |
| > 145,000 MRD | 25% | 11,516,000,000 MRD |
| > 185,000 MRD | 30% | 1,756,000,000 MRD | Total | 242,580,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 319 | ||||
| no |
Total Seats: 271 | ||||
| abstain |
Total Seats: 160 |
| Random fact: "Jezvraljogadsrlji" means "Social" in the Jelbic languages. |
| Random quote: "Global warming is indeed a scam, perpetrated by scientists with vested interests, but in need of crash courses in geology, logic and the philosophy of science." - Dr. Martin Keeley |