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Bill: Income tax proposal of August 2386
Details
Submitted by[?]: Moderate Libertarian Party (NoCoalition)
Status[?]: defeated
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: June 2387
Description[?]:
| The Moderate Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Aloria. |
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 ALO | 1% | 2,290,000,000 ALO |
| > 5,000 ALO | 1% | 1,484,000,000 ALO |
| > 10,000 ALO | 1% | 888,000,000 ALO | Total | 4,662,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 17:48:49, April 09, 2007 CET | From |  Moderate Libertarian Party (NoCoalition) | To | Debating the Income tax proposal of August 2386 |
| Message | Reducing taxes will spur economic growth and job creation. |
| Date | 02:32:52, April 10, 2007 CET | From | Industrialist Party of Aloria | To | Debating the Income tax proposal of August 2386 |
| Message | To one percent? I'm sure boosting it to 2% wouldn't hurt the people too much and it would double that money. |
| Date | 04:17:30, April 10, 2007 CET | From | Militant Libertarian Front | To | Debating the Income tax proposal of August 2386 |
| Message | Stephen Berry has nothing but amiration for the MPL's enthusiasm but believes such a rapid shift will be damaging. |
| Date | 05:14:49, April 10, 2007 CET | From | Moderate Libertarian Party (NoCoalition) | To | Debating the Income tax proposal of August 2386 |
| Message | I believe a compromise is in order. Can we not submit a compromise proposal that scales back the tax code and balance the national budget? The income tax, yes, has to come into line to meet the needs of the budget (unlike the tax and spend era of the leftists) but your proposed percentages (especially 12% for top wage-earners) hardly advances libertarian principles. MLF, let's resolve to remedy this prior to the next election. |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 138 | ||||||
| no |
Total Seats: 462 | ||||||
| abstain |
Total Seats: 0 |
| Random fact: Role-play is most enjoyable and successful when there is good communication and friendly relations between all players involved. |
| Random quote: "The spread of evil is the symptom of a vacuum. Whenever evil wins, it is only by default: by the moral failure of those who evade the fact that there can be no compromise on basic principles." - Ayn Rand |