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Bill: Income tax proposal of May 2466
Details
Submitted by[?]: Libertarian Party
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: January 2467
Description[?]:
The Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Aldegar. We propose to abolish the first bracket of income tax. Even the left wing people here must see that this would help the poorest of our country. |
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 |
> 500 ACR | 6% | 1,677,000,000 ACR |
> 1,000 ACR | 8% | 4,472,000,000 ACR |
> 2,000 ACR | 11% | 32,262,000,000 ACR | Total | 38,411,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
Date | 21:57:58, October 06, 2007 CET | From | Libertarian Party | To | Debating the Income tax proposal of May 2466 |
Message | I can't believe it. Lefties voting no on a tax cut for the poorest. |
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Voting
Vote | Seats | |||
yes |
Total Seats: 331 | |||
no |
Total Seats: 247 | |||
abstain | Total Seats: 72 |
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