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Bill: Tax Act
Details
Submitted by[?]: United Freedom Association
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: August 4486
Description[?]:
| An adjusted tax scheme. |
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 | 15% | 8,552,000,000 MCR |
| > 1,500 MCR | 22% | 12,543,000,000 MCR |
| > 2,500 MCR | 27% | 38,408,000,000 MCR |
| > 5,000 MCR | 32% | 61,472,000,000 MCR |
| > 10,000 MCR | 48% | 68,956,000,000 MCR | Total | 189,931,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 369 | ||
| no |
Total Seats: 232 | ||
| abstain |
Total Seats: 99 |
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