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Bill: Income tax proposal of July 4518
Details
Submitted by[?]: Democratic Change Movement
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: March 4519
Description[?]:
The Democratic Change Movement 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 | 20% | 56,398,000,000 MRD |
> 25,000 MRD | 24% | 122,605,000,000 MRD |
> 35,001 MRD | 25% | 90,251,000,000 MRD |
> 43,431 MRD | 30% | 237,757,000,000 MRD |
> 70,000 MRD | 50% | 162,759,000,000 MRD |
> 90,000 MRD | 55% | 63,116,000,000 MRD |
> 100,000 MRD | 65% | 228,056,000,000 MRD | Total | 960,942,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
Date | 14:49:22, January 20, 2019 CET | From | Democratic Change Movement | To | Debating the Income tax proposal of July 4518 |
Message | Open to debate |
Date | 14:49:58, January 20, 2019 CET | From | Democratic Change Movement | To | Debating the Income tax proposal of July 4518 |
Message | Our Social and Health Service is very big,our people need to pay more to cover the deficits. |
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Voting
Vote | Seats | |
yes | Total Seats: 0 | |
no | Total Seats: 259 | |
abstain |
Total Seats: 241 |
Random fact: By default the head of government is the ultimate authority within a national government. In general terms, heads of government are expected to consult with cabinet colleagues (including those from other parties) before making significant decisions but they remain responsible for government action. |
Random quote: "If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin." - Charles Darwin |