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Bill: Income tax proposal of August 5001
Details
Submitted by[?]: New Communist Party of Malivia (MNKP)
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: April 5002
Description[?]:
| The New Communist Party of Malivia (MNKP) propose to adjust the government's income tax policy to better address the economic situation of the Avibhājya Maliviya Sāmrājya / Greater Malivian Empire (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% | 45,567,000,000 MCR |
| > 5,000 MCR | 40% | 76,854,000,000 MCR |
| > 10,000 MCR | 70% | 97,731,000,000 MCR |
| > 30,000 MCR | 80% | 3,216,000,000 MCR | Total | 223,368,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
| Date | 18:38:46, September 21, 2021 CET | From | New Communist Party of Malivia (MNKP) | To | Debating the Income tax proposal of August 5001 |
| Message | Mr. Speaker, We seek some small taxcuts for the lower and middle classes while keeping the 80% rate for the highest of incomes. We will lose around 10 billion in taxation but we believe it might boost consumer spending. |
| Date | 18:53:21, September 21, 2021 CET | From | Maliviya Takaneekee Sangh (MTS) | To | Debating the Income tax proposal of August 5001 |
| Message | Mr. Speaker Technocratic Union (TS) recognizes this measure as moving in right direction and will vote for it. TS Leader Pradesh Singh |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 400 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: The players in a nation have a collective responsibility to ensure their "Bills under debate" section is kept in good order. Bills which are irrelevant or have become irrelevant should be deleted. Deletion can be requested for bills proposed by inactive parties on the Bill Clearout Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "Morality is simply the attitude we adopt towards people whom we personally dislike." - Oscar Wilde |