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Bill: More Progressive Income and Consumption tax proposal of June 2515
Details
Submitted by[?]: Alorian Public Union
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 2516
Description[?]:
| The income tax Bill affects only the richest of Alorians, and only the most wealthy significntly. The Consumption tax still isn't absurdly high, and is only on luxury goods. This should raise revenues by over 50%. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 2
Current: 25
Proposed: 6
Article 2
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 |
| > 10,000 ALO | 6% | 2,628,000,000 ALO |
| > 14,000 ALO | 12% | 4,292,000,000 ALO |
| > 20,000 ALO | 25% | 2,273,000,000 ALO | Total | 9,193,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 08:28:46, January 13, 2008 CET | From | Genuine Progress Alliance | To | Debating the More Progressive Income and Consumption tax proposal of June 2515 |
| Message | The figures are just too high. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 432 | ||||
| no |
Total Seats: 253 | ||||
| abstain | Total Seats: 0 |
| Random fact: Party candidates for head of state elections are not visible to the public. This means that you cannot see who will run and who will not, which adds another strategic element to the elections. |
| Random quote: "Those who expect to reap the blessing of freedom must, like men, undergo the fatigue of supporting it. " - Thomas Paine |