We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of May 4426
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: January 4427
Description[?]:
| Alternative Future propose to adjust the government's income tax policy to better address the economic situation of the Republic of Mordusia. ------------------------------------------- This proposal shall abolish the lowest tax band and raise the income tax threshold from 12,501 MRD to 20,001 MRD, putting money back into the pockets of low income workers and hardworking families. The measure shall cost 59 billion MRD which shall be taken from the 90 billion MRD surplus the nation has been running. Jamie Barker Minister of Finance |
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 |
| > 20,001 MRD | 22% | 174,488,000,000 MRD |
| > 35,001 MRD | 33% | 119,178,000,000 MRD |
| > 43,431 MRD | 41% | 505,607,000,000 MRD |
| > 100,001 MRD | 51% | 178,854,000,000 MRD | Total | 978,127,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 209 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 151 |
| Random fact: In Particracy players are only allowed to play as one party at a time. Want to swap nations? Inactivate your current party and make a new one! Want to return? Request Moderation to reactivate your party on the forum! |
| Random quote: "No man has ever been born a Negro hater, a Jew hater, or any other kind of hater. Nature refuses to be involved in such suicidal practices." - Harry Bridges |