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Bill: Income tax proposal of July 5017
Details
Submitted by[?]: Communist Party of Mordusia
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 5018
Description[?]:
The Communist Party of Mordusia 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 |
> 10,000 MRD | 15% | 42,244,000,000 MRD |
> 15,000 MRD | 25% | 70,407,000,000 MRD |
> 20,000 MRD | 40% | 222,264,000,000 MRD |
> 30,000 MRD | 60% | 273,070,000,000 MRD |
> 40,000 MRD | 85% | 1,464,238,000,000 MRD | Total | 2,072,223,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 200 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
Random quote: "It is difficult to get a man to understand something when his salary depends on his not understanding it." - Upton Sinclair |