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Bill: Income tax proposal of January 2477
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 2477
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 | 3% | 7,116,000,000 ALO | Total | 7,116,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 16:20:03, October 27, 2007 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Income tax proposal of January 2477 |
| Message | This bill will raise 3 billion per year in additional revenues. 2.75 billion of that will be used to finance improvements to defense, health and social services, and education, as proposed in a separate bill. The remaining .25 billion will be used to maintain a budget surplus and to pay down past debts. |
| Date | 17:51:10, October 27, 2007 CET | From |  Moderate Libertarian Party (NoCoalition) | To | Debating the Income tax proposal of January 2477 |
| Message | Here come more tax increases... |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 437 | ||||
| no | Total Seats: 169 | ||||
| abstain | Total Seats: 42 |
| Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
| Random quote: "Before all else, be armed." - Niccolo Machiavelli |