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Bill: Income tax proposal of October 4382
Details
Submitted by[?]: United We Can
Status[?]: defeated
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: June 4383
Description[?]:
| The MORENA propose to adjust the government's income tax policy to better address the economic situation of the Free State of Malivia. This law will free from any tax burden the income of less than 3,000 Malvinas crowns and will relieve part of the load to medium and high-average incomes, and will distribute in a much more just way the load among the upper-very high classes, adding new stretches. It is a law that we are not sure will happen, but we know that citizens will support it because it is based on the principles of equality and solidarity. In addition, it will mean a greater source of income. Long live Malivia. |
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 |
| > 3,000 MCR | 10% | 5,704,000,000 MCR |
| > 4,000 MCR | 28% | 7,986,000,000 MCR |
| > 4,500 MCR | 30% | 8,471,000,000 MCR |
| > 5,000 MCR | 52% | 14,122,000,000 MCR |
| > 5,500 MCR | 53% | 13,578,000,000 MCR |
| > 6,000 MCR | 55% | 25,220,000,000 MCR |
| > 7,000 MCR | 63% | 23,072,000,000 MCR |
| > 8,000 MCR | 68% | 21,086,000,000 MCR |
| > 9,000 MCR | 71% | 18,413,000,000 MCR |
| > 10,000 MCR | 72% | 85,533,000,000 MCR |
| > 20,000 MCR | 73% | 15,261,000,000 MCR |
| > 30,000 MCR | 75% | 3,018,000,000 MCR | Total | 241,464,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 17:08:27, April 23, 2018 CET | From | United We Can | To | Debating the Income tax proposal of October 4382 |
| Message | This law will free from any tax burden the income of less than 3,000 Malvinas crowns and will relieve part of the load to medium and high-average incomes, and will distribute in a much more just way the load among the upper-very high classes, adding new stretches. It is a law that we are not sure will happen, but we know that citizens will support it because it is based on the principles of equality and solidarity. In addition, it will mean a greater source of income. Long live Malivia. |
| Date | 18:37:59, April 23, 2018 CET | From | Wind of Change | To | Debating the Income tax proposal of October 4382 |
| Message | Our main aim is eliminate VAT that is an indirect tax. We will abstain. |
| Date | 15:03:29, April 24, 2018 CET | From | United We Can | To | Debating the Income tax proposal of October 4382 |
| Message | This las aumented oír recaudation |
| Date | 15:04:08, April 24, 2018 CET | From | United We Can | To | Debating the Income tax proposal of October 4382 |
| Message | This law aumented our recaudation |
| Date | 15:53:52, April 24, 2018 CET | From | United We Can | To | Debating the Income tax proposal of October 4382 |
| Message | This law will increase our collection, and will end the VAT. |
| Date | 19:21:12, April 24, 2018 CET | From | United We Can | To | Debating the Income tax proposal of October 4382 |
| Message | If you support this proposal, we will propose the elimination of VAT |
| Date | 19:22:19, April 24, 2018 CET | From | United We Can | To | Debating the Income tax proposal of October 4382 |
| Message | If you support this proposal, we will propose the elimination of VAT |
| Date | 19:23:37, April 24, 2018 CET | From | United We Can | To | Debating the Income tax proposal of October 4382 |
| Message | We hope you reflect on this proposal. |
| Date | 19:26:50, April 24, 2018 CET | From | United We Can | To | Debating the Income tax proposal of October 4382 |
| Message | In addition, it will mean a greater source of income. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 200 | |||
| no |
Total Seats: 229 | |||
| abstain |
Total Seats: 71 |
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