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Bill: Progressive Lower Compromise Income tax proposal of March 2498
Details
Submitted by[?]: Moderate Libertarian Party (NoCoalition)
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: November 2498
Description[?]:
The Moderate Libertarian Party 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 |
> 6,000 ALO | 1% | 621,000,000 ALO |
> 8,000 ALO | 2% | 889,000,000 ALO |
> 10,000 ALO | 3% | 792,000,000 ALO |
> 12,000 ALO | 4% | 696,000,000 ALO |
> 14,000 ALO | 5% | 771,000,000 ALO |
> 16,000 ALO | 6% | 751,000,000 ALO |
> 18,000 ALO | 7% | 548,000,000 ALO |
> 20,000 ALO | 8% | 369,000,000 ALO |
> 22,000 ALO | 9% | 174,000,000 ALO |
> 24,000 ALO | 10% | 254,000,000 ALO | Total | 5,865,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes | Total Seats: 219 | |||||
no |
Total Seats: 307 | |||||
abstain | Total Seats: 83 |
Random fact: It is the collective responsibility of the players in a nation to ensure all currently binding RP laws are clearly outlined in an OOC reference bill in the "Bills under debate" section of the nation page. Confusion should not be created by displaying only some of the current RP laws or displaying RP laws which are no longer current. |
Random quote: Although I understand and respect the intentions behind the gesture, this is not something that is universally understood or appreciated, and it tends to give out a negative impression of our party. ~ Anton Weinreich, General Secretary of the Dorvish Communist Party, pleading with his members to stop burning the national flag |