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Bill: Income tax proposal of February 2499
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: October 2499
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% | 549,000,000 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 | 5,866,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 324 | |||
| no | Total Seats: 320 | |||
| abstain | Total Seats: 56 |
| Random fact: Head to the "Language assistance" thread to receive and offer help with translations: http://forum.particracy.net/viewtopic.php?f=5&t=6368 |
| Random quote: "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting that vote." - Unknown |