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Bill: Tax Proposal of May 4361
Details
Submitted by[?]: Labour 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 4362
Description[?]:
| The Labour 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 |
| > 21,801 MRD | 10% | 75,002,000,000 MRD |
| > 36,361 MRD | 15% | 230,038,000,000 MRD |
| > 100,501 MRD | 28% | 85,738,000,000 MRD |
| > 150,001 MRD | 33% | 7,959,000,000 MRD |
| > 170,001 MRD | 48% | 5,441,000,000 MRD |
| > 190,001 MRD | 52% | 1,559,000,000 MRD | Total | 405,737,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
| Date | 10:12:55, March 12, 2018 CET | From | Communist Party | To | Debating the Tax Proposal of May 4361 |
| Message | This will hit a weakened economy and we should reject this bill. Too many tax changes are being proposed and it is dangerous long term. Set out your budget and tax proposals and wait for them to pass. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 337 | ||||
| no |
Total Seats: 194 | ||||
| abstain | Total Seats: 69 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "A conservative is a man with two perfectly good legs who, however, has never learned to walk forward." - Franklin D. Roosevelt |