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Bill: Income tax proposal of January 4439
Details
Submitted by[?]: Wind of Change
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: May 4440
Description[?]:
| The Wind of Change propose to adjust the government's income tax policy to better address the economic situation of the Soviet People's Republic of the Federated States of 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 |
| > 500 MCR | 2% | 570,000,000 MCR |
| > 1,000 MCR | 5% | 1,426,000,000 MCR |
| > 1,500 MCR | 9% | 2,566,000,000 MCR |
| > 2,000 MCR | 13% | 3,707,000,000 MCR |
| > 2,500 MCR | 18% | 5,133,000,000 MCR |
| > 3,000 MCR | 23% | 6,558,000,000 MCR |
| > 3,500 MCR | 28% | 7,984,000,000 MCR |
| > 4,000 MCR | 33% | 9,410,000,000 MCR |
| > 4,500 MCR | 37% | 10,445,000,000 MCR |
| > 5,000 MCR | 44% | 11,946,000,000 MCR |
| > 5,500 MCR | 46% | 11,781,000,000 MCR |
| > 6,000 MCR | 49% | 11,681,000,000 MCR |
| > 6,500 MCR | 53% | 11,659,000,000 MCR |
| > 7,000 MCR | 55% | 20,136,000,000 MCR |
| > 8,000 MCR | 58% | 9,218,000,000 MCR |
| > 8,500 MCR | 62% | 9,367,000,000 MCR |
| > 9,000 MCR | 63% | 16,333,000,000 MCR |
| > 10,000 MCR | 64% | 14,172,000,000 MCR |
| > 11,000 MCR | 65% | 12,014,000,000 MCR |
| > 12,000 MCR | 66% | 10,707,000,000 MCR |
| > 13,000 MCR | 67% | 10,422,000,000 MCR |
| > 14,000 MCR | 68% | 8,303,000,000 MCR |
| > 15,000 MCR | 69% | 23,541,000,000 MCR |
| > 20,000 MCR | 70% | 17,432,000,000 MCR | Total | 246,511,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 00:58:11, August 16, 2018 CET | From | Independent Coalition of Malivia | To | Debating the Income tax proposal of January 4439 |
| Message | This tax system is much more sensible. Our country does not need such a large surplus. |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 530 | ||||||
| no |
Total Seats: 220 | ||||||
| abstain | Total Seats: 0 |
| Random fact: The people in your nation don't like inactive parties. When you often abstain from voting for a bill, they will dislike your party and your visibility to the electorate will decrease significantly. Low visibility will means you are likely to lose seats. So keep in mind: voting Yes or No is always better than Abstaining. |
| Random quote: "The best politics is right action." - Mahatma Gandhi |