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Bill: Tax proposal of September 4363
Details
Submitted by[?]: Labour 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 not pass any sooner than the deadline.
Voting deadline: June 4364
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
Proposal[?] to change Sales tax on luxury goods.
Old value:: 10
Current: 15
Proposed: 18
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 17
Current: 18
Proposed: 20
Article 3
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 |
| > 11,851 MRD | 14% | 15,772,000,000 MRD |
| > 13,851 MRD | 18% | 102,915,000,000 MRD |
| > 24,001 MRD | 21% | 201,836,000,000 MRD |
| > 44,274 MRD | 41% | 618,517,000,000 MRD |
| > 150,001 MRD | 50% | 19,244,000,000 MRD | Total | 958,284,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 58 | ||||
| no |
Total Seats: 419 | ||||
| abstain |
Total Seats: 123 |
| Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
| Random quote: "Prejudices subsist in people's imagination long after they have been destroyed by their experience." - Ernest Dimnet |