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Bill: Income tax proposal of January 2448
Details
Submitted by[?]: Democratic Rationalists (PrCoa)
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: September 2448
Description[?]:
| The Democratic Rationalists 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 |
| > 5,000 ALO | 1% | 1,478,000,000 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 | 2,364,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 04:08:09, August 28, 2007 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Income tax proposal of January 2448 |
| Message | This bill eliminates the income tax on income up to $5000 ALOs per year. The lowest earning Alorians need and deserve tax relief. This bill provides. Note: because this is a budget bill, it *can* be passed before the August elections with a simple majority vote of the Senate. Let's get through some tax relief for working Alorians! |
| Date | 04:08:47, August 28, 2007 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Income tax proposal of January 2448 |
| Message | Also, we'll still have a surplus after passing this bill. |
| Date | 22:57:21, August 28, 2007 CET | From |  Moderate Libertarian Party (NoCoalition) | To | Debating the Income tax proposal of January 2448 |
| Message | Good bill. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 379 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 221 |
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