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Bill: Income tax proposal of March 4483
Details
Submitted by[?]: National Republican Party
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 4483
Description[?]:
The National Republican Party 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 | 5% | 39,518,000,000 MRD |
> 35,001 MRD | 20% | 71,990,000,000 MRD |
> 43,431 MRD | 25% | 307,354,000,000 MRD |
> 100,001 MRD | 30% | 104,925,000,000 MRD | Total | 523,787,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 500 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
Random quote: "Presidency, n. The greased pig in the field game of American politics." - Ambrose Bierce |