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Bill: Income tax proposal of April 4470
Details
Submitted by[?]: Popular Party of Mordusia
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: May 4471
Description[?]:
| The Popular Party of Mordusia propose to adjust the government's income tax policy to better address the economic situation of the Republic 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 |
| > 20,001 MRD | 8% | 63,473,000,000 MRD |
| > 35,001 MRD | 19% | 33,592,000,000 MRD |
| > 39,000 MRD | 25% | 46,816,000,000 MRD |
| > 43,500 MRD | 31% | 381,471,000,000 MRD |
| > 100,001 MRD | 40% | 124,868,000,000 MRD |
| > 150,000 MRD | 44% | 16,959,000,000 MRD | Total | 667,179,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
| Date | 15:40:18, October 17, 2018 CET | From | National Republican Party | To | Debating the Income tax proposal of April 4470 |
| Message | There is no need to raise taxes at this time. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 126 | |||
| no | Total Seats: 374 | |||
| abstain |
Total Seats: 0 |
| Random fact: Whilst the use of non-English languages can be appropriate for nation names, party names, constitutional titles and other variables, English is the official language of communication in the game. All descriptive texts and public communications should be in English or at least appear alongside a full English translation. |
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