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Bill: Income Tax Reduction Act of 2438
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: June 2438
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% | 2,283,000,000 ALO |
| > 5,000 ALO | 1% | 1,480,000,000 ALO |
| > 10,000 ALO | 1% | 515,000,000 ALO |
| > 15,000 ALO | 1% | 280,000,000 ALO |
| > 20,000 ALO | 1% | 91,000,000 ALO | Total | 4,649,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 09:58:48, August 01, 2007 CET | From | One Nation Party | To | Debating the Income Tax Reduction Act of 2438 |
| Message | why do people on low incomes get taxed more than those with high income? |
| Date | 15:42:16, August 01, 2007 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Income Tax Reduction Act of 2438 |
| Message | We're neutral on the question of a tax cut. But we oppose this flat tax. We support a return to a progressive income tax. |
| Date | 02:48:54, August 02, 2007 CET | From | Industrialist Party of Aloria | To | Debating the Income Tax Reduction Act of 2438 |
| Message | ONP: They don't get taxed more, there's just more of them. DR: What's wrong with a flat tax? |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 349 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 251 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: “Their cheap talk of the 'greater good' is a thinly concealed excuse for subordinating the people to the institutionalized violence that is the state.” - Margaret Woodhall, former Dranian politician |