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Bill: Income tax proposal of March 4381
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: November 4381
Description[?]:
| The Socialist 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 |
| > 11,850 MRD | 10% | 11,272,000,000 MRD |
| > 13,851 MRD | 20% | 114,350,000,000 MRD |
| > 24,001 MRD | 22% | 203,920,000,000 MRD |
| > 43,431 MRD | 41% | 632,545,000,000 MRD |
| > 150,001 MRD | 52% | 20,013,000,000 MRD | Total | 982,100,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
| Date | 15:08:39, April 20, 2018 CET | From | Labour Party | To | Debating the Income tax proposal of March 4381 |
| Message | "Mr. Speaker, This tax plan will raise even more revenue to spend on education, infrastructure, Medicare, and other public services that Mordusians care about while keeping national debt at record lows and maintaining a balanced budget, I urge all my colleagues to vote "aye" on this tax plan, for a better, brighter future, for all Mordusians" Olivia Johansen, MP for Clann South, Secretary of State for Revenue |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 315 | ||||||
| no |
Total Seats: 114 | ||||||
| abstain |
Total Seats: 171 |
| Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
| Random quote: "Liberty means responsibility. That is why most men dread it." - George Bernard Shaw |