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Bill: Income tax proposal of August 5393
Details
Submitted by[?]: Malivia' Winz 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 not pass any sooner than the deadline.
Voting deadline: April 5394
Description[?]:
| The Malivia' Winz Party propose to adjust the government's income tax policy to better address the economic situation of the Malivian People's Federation of Councils (Malivia). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 13
Current: 5
Proposed: 15
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 4
Current: 25
Proposed: 5
Article 3
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 MCR | 5% | 5,939,000,000 MCR |
| > 20,000 MCR | 10% | 2,086,000,000 MCR |
| > 30,000 MCR | 35% | 1,400,000,000 MCR | Total | 9,425,000,000 MCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 650 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Moderation will not accept Cultural Protocol updates which introduce, on a significant scale, cultures which are likely to be insufficiently accessible to players. In particular, for all significant cultures in Particracy, it should be easy for players to access and use online resources to assist with language translation and the generation of character names. Moderation reserves the right to amend Cultural Protocols which are deemed to have introduced significant cultures that are not sufficiently accessible and which are not being actively role-played with. |
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