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Bill: Income tax proposal of March 2347
Details
Submitted by[?]: Unitarian Theocracy 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: November 2347
Description[?]:
| The Unitarian Theocracy Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of 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 |
| > 20,000 MRD | 10% | 140,008,000,000 MRD |
| > 50,000 MRD | 30% | 398,839,000,000 MRD | Total | 538,847,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
| Date | 01:04:20, January 20, 2007 CET | From | Agrarian Party of Mordusia | To | Debating the Income tax proposal of March 2347 |
| Message | Is the honorable Minister of Finance perhaps against the poor classes of Mordusia? Does he not see that this tax increase will deliver double as much taxes needed to fund his proposed budget? |
| Date | 08:53:56, January 20, 2007 CET | From | Mordusian Democratic Union | To | Debating the Income tax proposal of March 2347 |
| Message | We would like to add that the MDU favours the flat tax idea. |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 237 | ||||||
| no | Total Seats: 213 | ||||||
| abstain | Total Seats: 0 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "He who will not economize will have to agonize." - Confucius |