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Bill: Income tax proposal of November 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: July 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 | 5% | 4,402,000,000 ALO |
> 2,500 ALO | 6% | 8,403,000,000 ALO |
> 5,000 ALO | 7% | 16,545,000,000 ALO | Total | 29,350,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 05:29:20, April 10, 2007 CET | From | Moderate Libertarian Party (NoCoalition) | To | Debating the Income tax proposal of November 2386 |
Message | This should be more acceptable. |
Date | 15:56:38, April 10, 2007 CET | From | Moderate Libertarian Party (NoCoalition) | To | Debating the Income tax proposal of November 2386 |
Message | This lowers the tax burden for rich and poor alike! Plus, the income tax remains and remains progressive in nature. I can't believe our "friends of the poor" in the liberal bloc (FSDP and SAP) oppose this. Once again, this shows how the liberal coalition is unwilling to compromise with the majority. |
Date | 19:21:46, April 10, 2007 CET | From | Moderate Libertarian Party (NoCoalition) | To | Debating the Income tax proposal of November 2386 |
Message | A 1% increase in taxation for all 3 brackets would mean a balanced budget and all 3 groups paying less in income taxation than they do now. |
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Voting
Vote | Seats | |||||
yes | Total Seats: 254 | |||||
no |
Total Seats: 346 | |||||
abstain | Total Seats: 0 |
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Random quote: "Poetry is about the grief; politics is about the grievance." - Robert Frost |