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Bill: Income tax proposal of October 2386
Details
Submitted by[?]: Militant Libertarian Front
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 Militant Libertarian Front 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 |
| > 300 ALO | 5% | 2,642,000,000 ALO |
| > 1,200 ALO | 5% | 18,212,000,000 ALO |
| > 10,000 ALO | 12% | 10,625,000,000 ALO | Total | 31,479,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 02:36:06, April 10, 2007 CET | From | Industrialist Party of Aloria | To | Debating the Income tax proposal of October 2386 |
| Message | 2 or 3% would suffice! |
| Date | 03:42:23, April 10, 2007 CET | From |  Moderate Libertarian Party (NoCoalition) | To | Debating the Income tax proposal of October 2386 |
| Message | This is better but the tax is still too high. |
| Date | 19:24:10, April 10, 2007 CET | From | Moderate Libertarian Party (NoCoalition) | To | Debating the Income tax proposal of October 2386 |
| Message | Can we do a 4, 6 and 8% bracket tax rate? This would lower taxes for all 3 income brackets AND provide for a lean, balanced budget? Can we achieve consenus from the liberal coalition on this? |
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Voting
| Vote | Seats | |||||||
| yes | Total Seats: 116 | |||||||
| no |
Total Seats: 484 | |||||||
| abstain | Total Seats: 0 |
| Random fact: Don't put "the" as the first word in your party name, because when parties are referred to in news reports, their names are preceded with "the", e.g. the [Socialist Party] has lost. |
| Random quote: "Communism, like any other revealed religion, is largely made up of prophecies." - H. L. Mencken |