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Bill: TAX CUT MADNESS!!
Details
Submitted by[?]: Democratic Rationalists (PrCoa)
Status[?]: passed
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: May 2585
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
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 |
| > 8,200 ALO | 50% | 19,732,000,000 ALO |
| > 10,000 ALO | 60% | 15,825,000,000 ALO |
| > 12,000 ALO | 70% | 12,164,000,000 ALO |
| > 14,000 ALO | 80% | 35,865,000,000 ALO | Total | 83,586,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 19:07:13, May 31, 2008 CET | From | Liberal Party | To | Debating the TAX CUT MADNESS!! |
| Message | What's madness about it? Still are ridicolous high taxes... |
| Date | 21:06:53, May 31, 2008 CET | From | Libertarian Party | To | Debating the TAX CUT MADNESS!! |
| Message | agreed, still high. |
| Date | 23:55:55, May 31, 2008 CET | From |  Moderate Libertarian Party (NoCoalition) | To | Debating the TAX CUT MADNESS!! |
| Message | Yep, for sure! |
| Date | 00:27:41, June 01, 2008 CET | From | Free Democratic Party | To | Debating the TAX CUT MADNESS!! |
| Message | But it's a start. |
| Date | 00:28:04, June 01, 2008 CET | From | Free Democratic Party | To | Debating the TAX CUT MADNESS!! |
| Message | A drastic overnight reduction would be unrealistic. |
| Date | 00:44:26, June 01, 2008 CET | From | Democratic Rationalists (PrCoa) | To | Debating the TAX CUT MADNESS!! |
| Message | It's a nearly 30 billion ALO tax cut: over %15 of the federal budget. It's a "drastic, overnight reduction." |
| Date | 17:49:39, June 01, 2008 CET | From | Genuine Progress Alliance | To | Debating the TAX CUT MADNESS!! |
| Message | It's a shame we were not able to vote YES for this proposal. Nevertheless, congratulations on the tax cut. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 393 | ||||
| no |
Total Seats: 155 | ||||
| abstain |
Total Seats: 202 |
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