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Bill: Income tax proposal of June 2489
Details
Submitted by[?]: Libertarian Party
Status[?]: defeated
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: February 2490
Description[?]:
The Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Aldegar. |
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 |
> 2,250 ACR | 13% | 36,316,000,000 ACR | Total | 36,316,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
Date | 01:39:26, November 22, 2007 CET | From | Zoroastrian People's Party | To | Debating the Income tax proposal of June 2489 |
Message | This creates a budget shortfall and increases taxation for most of our poorer citizens. |
Date | 03:18:08, November 22, 2007 CET | From | Zoroastrian People's Party | To | Debating the Income tax proposal of June 2489 |
Message | Or am I misreading it and those under 2,250 acr exempted? |
Date | 12:33:30, November 22, 2007 CET | From | Libertarian Party | To | Debating the Income tax proposal of June 2489 |
Message | they are exempted and budget surplus remains |
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Voting
Vote | Seats | |||||
yes | Total Seats: 291 | |||||
no |
Total Seats: 315 | |||||
abstain |
Total Seats: 44 |
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