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Bill: Income tax proposal of January 4920
Details
Submitted by[?]: Mordusian Conservative 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: September 4920
Description[?]:
The Mordusian Conservative Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Mordusia (Mordusia). |
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 MRD | 5% | 2,814,000,000 MRD |
> 2,000 MRD | 6% | 3,376,000,000 MRD |
> 3,000 MRD | 7% | 3,939,000,000 MRD |
> 4,000 MRD | 8% | 4,502,000,000 MRD |
> 5,000 MRD | 9% | 5,065,000,000 MRD |
> 6,000 MRD | 10% | 5,627,000,000 MRD |
> 7,000 MRD | 12% | 6,753,000,000 MRD |
> 8,000 MRD | 14% | 7,878,000,000 MRD |
> 9,000 MRD | 16% | 9,004,000,000 MRD |
> 10,000 MRD | 18% | 50,646,000,000 MRD |
> 15,000 MRD | 24% | 200,763,000,000 MRD |
> 30,000 MRD | 30% | 652,842,000,000 MRD | Total | 953,209,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes | Total Seats: 145 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Players who deliberately attempt to present a misleading picture of the nation's current RP laws will be subject to sanction. |
Random quote: "Those who are responsible for the national security must be the sole judges of what the national security requires. It would be obviously undesirable that such matters should be made the subject of evidence in a court of law or otherwise discussed in public." - Unattributed member of the the House of Lords on the removal of trade union rights |