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Bill: Income tax proposal of July 4705
Details
Submitted by[?]: Popular Bloc
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 4706
Description[?]:
| The Popular Bloc propose to adjust the government's income tax policy to better address the economic situation of the United Republic of Mordusia in order to invest in infrastructure, industry and social services. We have to money and wealth to redistribute. Alice Collblanc MP Minister of Finance |
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 |
| > 37,001 MRD | 10% | 95,238,000,000 MRD |
| > 65,001 MRD | 20% | 99,497,000,000 MRD |
| > 95,001 MRD | 25% | 79,429,000,000 MRD |
| > 135,001 MRD | 35% | 30,575,000,000 MRD | Total | 304,739,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 279 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 81 |
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