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Bill: Reform 1
Details
Submitted by[?]: United for Peace
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: November 4403
Description[?]:
| The Democratic Centrist Front (DCF) propose to adjust the government's income tax policy, tax of corporation and luxury good tax to better address the economic situation of the Free State of Malivia. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 25
Proposed: 35
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 32
Current: 5
Proposed: 25
Article 3
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 |
| > 2,600 MCR | 15% | 3,416,000,000 MCR |
| > 3,000 MCR | 25% | 14,234,000,000 MCR |
| > 4,000 MCR | 35% | 9,964,000,000 MCR |
| > 4,500 MCR | 37% | 10,428,000,000 MCR |
| > 5,000 MCR | 38% | 10,301,000,000 MCR |
| > 5,500 MCR | 39% | 9,974,000,000 MCR |
| > 6,000 MCR | 40% | 18,308,000,000 MCR |
| > 7,000 MCR | 41% | 14,990,000,000 MCR |
| > 8,000 MCR | 42% | 13,004,000,000 MCR |
| > 9,000 MCR | 43% | 11,137,000,000 MCR |
| > 10,000 MCR | 44% | 37,211,000,000 MCR |
| > 15,000 MCR | 45% | 15,343,000,000 MCR |
| > 20,000 MCR | 46% | 5,559,000,000 MCR |
| > 25,000 MCR | 48% | 4,208,000,000 MCR |
| > 30,000 MCR | 49% | 1,631,000,000 MCR |
| > 36,000 MCR | 50% | 341,000,000 MCR | Total | 180,049,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes |
Total Seats: 99 | |||||
| no |
Total Seats: 295 | |||||
| abstain |
Total Seats: 106 |
| Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
| Random quote: "I don't believe you need to be bitch to succeed in business" - Lucinda Redwood, former Luthorian-Dorvish businesswoman |