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Bill: Income Tax Reduction Act 4397
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 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 4398
Description[?]:
| The Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth 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 |
| > 12,701 MRD | 13% | 109,974,000,000 MRD |
| > 27,701 MRD | 23% | 282,079,000,000 MRD |
| > 58,101 MRD | 33% | 209,851,000,000 MRD |
| > 92,001 MRD | 43% | 189,545,000,000 MRD | Total | 791,449,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 104 | ||||
| no |
Total Seats: 224 | ||||
| abstain | Total Seats: 32 |
| Random fact: In your Message Centre there is a really useful feature which allows you to subscribe to all of the bill debates in your nation. If you use that, then the "Watched Discussions" section will show you every time a new message has been posted on a bill. You can also subscribe to other pages you want to follow, such as your nation message-board, party organisations or bills outside your nation which you are interested in. |
| Random quote: "The European Union and environmental advocacy groups use global warming hysteria to advance their own special agendas. The European Union recognizes any significant reduction in CO2 emissions by the United States will significantly reduce its economic output, thereby bringing it closer to the inferior output of European nations. Environmental advocacy groups work to stifle economic and industrial progress wherever they find it to inhibit the successful advancement of peoples in developing nations, inevitably making mankind a second class citizen of planet Earth." - Dr. Jay Lehr |