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Bill: Progressive Income Tax Act of 2562
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: August 2562
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 |
| > 5,000 ALO | 10% | 14,792,000,000 ALO |
| > 10,000 ALO | 15% | 7,727,000,000 ALO |
| > 15,000 ALO | 25% | 6,993,000,000 ALO |
| > 20,000 ALO | 33% | 3,000,000,000 ALO | Total | 32,512,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 02:21:55, April 16, 2008 CET | From | Alorian Public Union | To | Debating the Progressive Income Tax Act of 2562 |
| Message | Oh, right, very progressive, tax breaks for the rich. |
| Date | 13:31:36, April 16, 2008 CET | From |  Moderate Libertarian Party (NoCoalition) | To | Debating the Progressive Income Tax Act of 2562 |
| Message | Tax breaks for EVERYONE! |
| Date | 21:35:01, April 16, 2008 CET | From | New Socialist Alliance | To | Debating the Progressive Income Tax Act of 2562 |
| Message | and this will finance the war how? |
| Date | 00:09:22, April 17, 2008 CET | From | Alorian Public Union | To | Debating the Progressive Income Tax Act of 2562 |
| Message | Actually, tax breaks for the rich and a new tax bracket taxing income over 5,000, the middle class. This is completely un-progressive. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 316 | ||||
| no |
Total Seats: 409 | ||||
| abstain | Total Seats: 25 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "Rifles, muskets, long-bows and hand-grenades are inherently democratic weapons. A complex weapon makes the strong stronger, while a simple weapon so long as there is no answer to it gives claws to the weak." - George Orwell |