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Bill: New Taxes Of The New Decade
Details
Submitted by[?]: Conservative 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: December 2560
Description[?]:
| Tax Breaks, taxing corporations and taxing luxury goods finally! |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 5
Proposed: 3
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 25
Proposed: 5
Article 3
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 | 54% | 27,877,000,000 ALO |
| > 15,000 ALO | 59% | 16,526,000,000 ALO |
| > 20,000 ALO | 66% | 5,995,000,000 ALO | Total | 50,398,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 03:07:44, April 13, 2008 CET | From | Alorian Public Union | To | Debating the New Taxes Of The New Decade |
| Message | We believe that this is a good bill that will broaden the sources of our country's revenues. We urge other Alorian Parties to vote affirmatively on this. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 410 | |||||
| no |
Total Seats: 340 | |||||
| abstain | Total Seats: 0 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "Politics is all about compromises and negotiations, nothing more, nothing less." - Augusto Amadeo, former Istalian politician |