We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Fiscal Responsibility Restoration Act of 2462
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: August 2463
Description[?]:
| Thanks to right-wing "borrow and spend" policy, our government is now running a massive budget deficit of about 3.75 billion ALOs. This bill proposes *modest* graduated income taxes to balance the budget and restore Aloria's modest surplus. Let's stop passing the costs of our policy choices onto the next generation. Let's restore fiscal responsibility. |
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 |
| > 6,000 ALO | 1% | 620,000,000 ALO |
| > 8,000 ALO | 2% | 2,657,000,000 ALO | Total | 3,277,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 18:44:09, September 30, 2007 CET | From |  Moderate Libertarian Party (NoCoalition) | To | Debating the Fiscal Responsibility Restoration Act of 2462 |
| Message | Thanks for raising taxes of the people, DR. The people will remember this come the next elections. |
| Date | 18:51:17, September 30, 2007 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Fiscal Responsibility Restoration Act of 2462 |
| Message | We think the people are willing to pay modest taxes for responsible government. |
| Date | 02:35:23, October 02, 2007 CET | From | Moderate Libertarian Party (NoCoalition) | To | Debating the Fiscal Responsibility Restoration Act of 2462 |
| Message | Responsible gov't. is gov't. that picks their pockets? |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||||
| yes |
Total Seats: 477 | |||||
| no | Total Seats: 0 | |||||
| abstain | Total Seats: 223 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "The free market is ugly and stupid, like going to the mall; the unfree market is just as ugly and just as stupid, except there is nothing in the mall, and if you don't go there, they shoot you." - P. J. O'Rourke |