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Bill: Income tax proposal of July 4598
Details
Submitted by[?]: Democratic Alliance 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: March 4599
Description[?]:
| The The Malivian Democratic Alliance 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 |
| > 1,000 MCR | 30% | 17,106,000,000 MCR |
| > 2,000 MCR | 40% | 45,617,000,000 MCR |
| > 4,000 MCR | 50% | 54,746,000,000 MCR |
| > 6,000 MCR | 55% | 45,345,000,000 MCR |
| > 8,000 MCR | 55% | 31,321,000,000 MCR |
| > 10,000 MCR | 60% | 71,311,000,000 MCR |
| > 20,000 MCR | 70% | 17,413,000,000 MCR | Total | 282,859,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 500 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: Parties have the ability to endorse another party's candidate for the Head of State election (if there is one). This adds a strategic element to the elections. |
| Random quote: Henceforth, the current system of first and second class stamps, where the rich can pay to have their mail delivered faster than the poor, shall be BANNED. There shall be only one class of mail delivery, and ALL mail shall travel at the SAME speed for EVERYBODY. There can be no class discrimination in the People's Post Office! There must be the SAME class of mail service FOR ALL! ~ Friedrich Pfeiffer General Secretary of the Dorvish Communist Party |