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Bill: Income Tax Reduction Act 4365
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 not pass any sooner than the deadline.
Voting deadline: April 4366
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. This change will mean that the majority of taxpayers will receive an average tax cut of 2%. This increases if taxpayers decide to buy eco-friendly cars. |
Proposals
Article 1
Proposal[?] to change The government's policy concerning private cars.
Old value:: There are no regulations on the ownership of private cars.
Current: Private cars are allowed, but people are encouraged to travel collective and tax incentives are provided for cars using environmentally friendly fuels.
Proposed: Private cars are allowed, but people are encouraged to travel collective and tax incentives are provided for cars using environmentally friendly fuels.
Article 2
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 | 12% | 33,814,000,000 MRD |
> 20,001 MRD | 16% | 126,736,000,000 MRD |
> 35,001 MRD | 26% | 158,826,000,000 MRD |
> 50,001 MRD | 40% | 517,279,000,000 MRD |
> 150,001 MRD | 50% | 19,312,000,000 MRD | Total | 855,967,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes |
Total Seats: 277 | |||
no |
Total Seats: 323 | |||
abstain | Total Seats: 0 |
Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
Random quote: “Their cheap talk of the 'greater good' is a thinly concealed excuse for subordinating the people to the institutionalized violence that is the state.” - Margaret Woodhall, former Dranian politician |