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Bill: Income tax proposal of August 4574
Details
Submitted by[?]: Progressive Party of Malivia
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: April 4575
Description[?]:
| The Progressive Party of Malivia propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Malivia / Maliviya Kā Saṃghīya Gaṇtaṃtra (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 | 10% | 2,849,000,000 MCR |
| > 1,000 MCR | 50% | 28,489,000,000 MCR |
| > 2,000 MCR | 25% | 14,245,000,000 MCR |
| > 3,000 MCR | 30% | 17,093,000,000 MCR |
| > 4,000 MCR | 35% | 19,842,000,000 MCR |
| > 5,000 MCR | 40% | 21,085,000,000 MCR |
| > 6,000 MCR | 45% | 20,609,000,000 MCR |
| > 7,000 MCR | 46% | 16,827,000,000 MCR |
| > 8,000 MCR | 47% | 14,559,000,000 MCR |
| > 9,000 MCR | 48% | 12,440,000,000 MCR |
| > 10,000 MCR | 50% | 20,315,000,000 MCR |
| > 12,000 MCR | 52% | 16,531,000,000 MCR |
| > 14,000 MCR | 55% | 12,279,000,000 MCR |
| > 16,000 MCR | 58% | 9,653,000,000 MCR |
| > 18,000 MCR | 60% | 4,428,000,000 MCR |
| > 20,000 MCR | 61% | 15,164,000,000 MCR | Total | 246,408,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 450 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: It is the collective responsibility of the players in a nation to ensure all currently binding RP laws are clearly outlined in an OOC reference bill in the "Bills under debate" section of the nation page. Confusion should not be created by displaying only some of the current RP laws or displaying RP laws which are no longer current. |
| Random quote: "I think it's about time we voted for senators with breasts. After all, we've been voting for boobs long enough." - Clarie Sargent |