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Bill: Income tax proposal of April 4364
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: April 4365
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 |
| > 15,001 MRD | 14% | 39,429,000,000 MRD |
| > 20,001 MRD | 18% | 142,505,000,000 MRD |
| > 35,001 MRD | 28% | 170,949,000,000 MRD |
| > 50,001 MRD | 41% | 529,722,000,000 MRD |
| > 150,001 MRD | 50% | 19,206,000,000 MRD | Total | 901,811,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes |
Total Seats: 369 | |||||
| no |
Total Seats: 90 | |||||
| abstain |
Total Seats: 141 |
| Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
| Random quote: "My tenure will be controversial and it is, quite obviously, true that I am the most right-wing Prime Minister this country has seen in several decades.” - Margaret Woodhall, former Dranian politician |