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Bill: Income tax proposal of May 4649
Details
Submitted by[?]: Liberal Party
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: January 4650
Description[?]:
| The Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of 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 | 20% | 11,393,000,000 MCR |
| > 2,000 MCR | 25% | 28,482,000,000 MCR |
| > 4,000 MCR | 50% | 196,030,000,000 MCR | Total | 235,905,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 0 | ||
| no | Total Seats: 500 | ||
| abstain | Total Seats: 0 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "Anarchism is not a romantic fable but the hardheaded realization, based on five thousand years of experience, that we cannot entrust the management of our lives to kings, priests, politicians, generals, and county commissioners." - Edward Abbey |