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Bill: Compromise Tax Proposal
Details
Submitted by[?]: Democratic Rationalists (PrCoa)
Status[?]: defeated
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: August 2579
Description[?]:
The Democratic Rationalists (PrCoa) propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Aloria. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 5
Proposed: 5
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 25
Proposed: 3
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 |
> 9,000 ALO | 50% | 18,460,000,000 ALO |
> 11,000 ALO | 55% | 10,706,000,000 ALO |
> 13,000 ALO | 60% | 9,678,000,000 ALO |
> 15,000 ALO | 65% | 9,525,000,000 ALO |
> 17,000 ALO | 70% | 6,852,000,000 ALO |
> 19,000 ALO | 75% | 4,643,000,000 ALO |
> 21,000 ALO | 80% | 2,535,000,000 ALO |
> 23,000 ALO | 85% | 1,138,000,000 ALO |
> 25,000 ALO | 90% | 1,072,000,000 ALO |
> 27,000 ALO | 95% | 718,000,000 ALO | Total | 65,327,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 22:06:50, May 18, 2008 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Compromise Tax Proposal |
Message | Same basic idea as previous proposal, but adopting APU's proposed compromise. |
Date | 22:23:54, May 18, 2008 CET | From | Alorian Public Union | To | Debating the Compromise Tax Proposal |
Message | We'll support. |
Date | 22:23:56, May 18, 2008 CET | From | Conservative Union | To | Debating the Compromise Tax Proposal |
Message | My confidence with the government is lowering per second, but I'll stand by it for now. But I'm against this |
Date | 01:44:02, May 20, 2008 CET | From | Moderate Libertarian Party (NoCoalition) | To | Debating the Compromise Tax Proposal |
Message | Oh yeah, this is a real "compromise". C'mon. |
Date | 02:15:04, May 20, 2008 CET | From | Alorian Public Union | To | Debating the Compromise Tax Proposal |
Message | Its name is misleading, granted. It was never meant as a compromise between conservatives and Liberals, its a compromise between liberals and liberals. |
Date | 11:41:31, May 20, 2008 CET | From | Libertarian Party | To | Debating the Compromise Tax Proposal |
Message | WTF? 50% to 95% tax??? never. socialism at its best, suckers. |
Date | 20:07:48, May 20, 2008 CET | From | Free Democratic Party | To | Debating the Compromise Tax Proposal |
Message | That 95%+ group will leave, destroying the point of the tax bracket. |
Date | 20:13:48, May 20, 2008 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Compromise Tax Proposal |
Message | Nobody's income is taxed at %95. It's a marginal tax rate. |
Date | 20:14:39, May 20, 2008 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Compromise Tax Proposal |
Message | The socialists are voting against this tax overhaul--does that say anything to you conservatives? |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 316 | |||||
no |
Total Seats: 384 | |||||
abstain | Total Seats: 50 |
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