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: Income tax proposal of June 2469
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 not pass any sooner than the deadline.
Voting deadline: February 2470
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
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 5
Proposed: 2
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 3
Current: 25
Proposed: 4
Article 3
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 | 2% | 4,737,000,000 ALO | Total | 4,737,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 15:42:54, October 12, 2007 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Income tax proposal of June 2469 |
| Message | We're currently running a deficit of about 8.3 billion ALOs. This bill retains the flat tax model, but modestly increases the percentage. |
| Date | 15:45:28, October 12, 2007 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Income tax proposal of June 2469 |
| Message | It suggests slight adjustments in other tax rates to help make up for the budget shortfall. Unfortunately, it's impossible to calculate how much revenue will be generated by the sales tax and the corporate taxes. But we believe they will either meet or exceed Aloria's revenue needs. |
| Date | 00:01:59, October 13, 2007 CET | From | Industrialist Party of Aloria | To | Debating the Income tax proposal of June 2469 |
| Message | Would you agree to adjust these to lessen them amount of taxes collected later if too much taxes are collected? |
| Date | 01:00:10, October 13, 2007 CET | From |  Moderate Libertarian Party (NoCoalition) | To | Debating the Income tax proposal of June 2469 |
| Message | There is absolutely NO need to raise taxes any higher! |
| Date | 17:24:22, October 13, 2007 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Income tax proposal of June 2469 |
| Message | We think something along those lines could be negotiated, depending on the amount of the surplus. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 463 | ||||||
| no | Total Seats: 136 | ||||||
| abstain | Total Seats: 101 |
| Random fact: The forum contains a lot of useful information, it has updates to the game, role playing between nations, news and discussion. http://forum.particracy.net/ |
| Random quote: "When the tyrant has disposed of foreign enemies by conquest or treaty, and there is nothing to fear from them, then he is always stirring up some war or other in order that the people may require a leader." - Plato |