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Bill: Income Tax Bill 4743
Details
Submitted by[?]: Alliance Party
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: July 4744
Description[?]:
| The Alliance Party proposes a reduction in the level of income tax to more closely align with the government's current spending plans. |
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 |
| > 35,000 MRD | 10% | 77,797,000,000 MRD |
| > 55,000 MRD | 15% | 71,658,000,000 MRD |
| > 75,000 MRD | 20% | 56,619,000,000 MRD |
| > 95,000 MRD | 25% | 46,852,000,000 MRD |
| > 115,000 MRD | 30% | 39,105,000,000 MRD |
| > 135,000 MRD | 35% | 20,085,000,000 MRD |
| > 155,000 MRD | 40% | 12,002,000,000 MRD | Total | 324,118,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 109 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 100 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "God has cared for these trees, saved them from drought, disease, avalanches, and a thousand tempests and floods. But he cannot save them from fools." - John Muir |