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Bill: Income tax proposal of February 4599
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: October 4599
Description[?]:
| The Democratic Alliance 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 |
| > 1,000 MCR | 30% | 17,073,000,000 MCR |
| > 2,000 MCR | 36% | 40,975,000,000 MCR |
| > 4,000 MCR | 50% | 54,642,000,000 MCR |
| > 6,000 MCR | 55% | 45,265,000,000 MCR |
| > 8,000 MCR | 55% | 31,268,000,000 MCR |
| > 10,000 MCR | 60% | 71,197,000,000 MCR |
| > 20,000 MCR | 65% | 16,143,000,000 MCR | Total | 276,563,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 297 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 203 |
| Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
| Random quote: "One of the greatest delusions in the world is the hope that the evils in this world are to be cured by legislation." - Thomas B. Reed |