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Bill: Income tax proposal of March 4399
Details
Submitted by[?]: Alternative Future
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 4399
Description[?]:
| We shall finally eliminate the socialist deficit with a modest rise 1% rise for higher earners. In addition, the basic rate income tax threshold shall rise from 12,701 MRD to 13,001 MRD to help out hard working families. In 4 years this government will have eliminated the deficit, lowered taxes, increased the numbers of police on our streets, repealed the repressive laws which prohibited public assembly, religious freedom and the right to protest. The economic mess left by the socialists has cost this country dearly, we must not let them wreck our economy again. Jamie Barker Finance Minister |
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 |
| > 13,001 MRD | 15% | 124,147,000,000 MRD |
| > 27,701 MRD | 25% | 306,026,000,000 MRD |
| > 58,101 MRD | 36% | 228,468,000,000 MRD |
| > 92,001 MRD | 46% | 202,504,000,000 MRD | Total | 861,145,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 202 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 126 |
| Random fact: Particracy does not allow official national flags of real-life nations or flags which are very prominent and recognisable (eg. the flags of the European Union, the United Nations, Nazi Germany, the Soviet Union or the Confederate States of America). |
| Random quote: "The truly powerful feed ideology to the masses like fast food while they dine on the most rarified delicacy of all: impunity." - Naomi Klein |