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Bill: Balanced Budget/Creating a National Budget Surplus Taxation Proposal of 2429
Details
Submitted by[?]: Moderate Libertarian Party (NoCoalition)
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: December 2429
Description[?]:
| If the NATIONAL SPENDING ALIGNMENT ACT PASSES, this bill will be introduced. It will raise taxes minimally for all income tax brackets to bring revenues up enough to again develop a national surplus. |
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 | 2% | 4,564,000,000 ALO |
| > 5,000 ALO | 2% | 2,958,000,000 ALO |
| > 10,000 ALO | 2% | 1,030,000,000 ALO |
| > 15,000 ALO | 2% | 560,000,000 ALO |
| > 20,000 ALO | 2% | 143,000,000 ALO |
| > 25,000 ALO | 2% | 39,000,000 ALO | Total | 9,294,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 03:38:24, July 16, 2007 CET | From | Industrialist Party of Aloria | To | Debating the Balanced Budget/Creating a National Budget Surplus Taxation Proposal of 2429 |
| Message | We will support this. Or actions of late were slightly miscalculated, but this will not happen again. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 289 | ||||
| no |
Total Seats: 84 | ||||
| abstain |
Total Seats: 199 |
| Random fact: Submitting a bill without any proposals in it will not attract or detract voters. It will not raise your visibility or change your political position. |
| Random quote: "Remember that government doesn't earn one single dollar it spends. In order for you to get money from the government, that money must first be taken from somebody else." - Governor Jesse Ventura |