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Bill: Income tax proposal of October 2599
Details
Submitted by[?]: Democratic Unity Party
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: June 2600
Description[?]:
| The Democratic Unity Party propose to adjust the government's income tax policy to better address the economic situation of the Aldegarian Empire of the One. We propose an equal bracket-system in taxation, as conductors of Finance, to betterly reflect the society of Aldegar. |
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 |
| > 1 ACR | 5% | 25,000,000 ACR |
| > 10 ACR | 8% | 4,426,000,000 ACR |
| > 1,000 ACR | 14% | 43,108,000,000 ACR |
| > 10,000 ACR | 20% | 8,236,000,000 ACR | Total | 55,795,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
| Date | 21:51:38, June 30, 2008 CET | From | Democratic Unity Party | To | Debating the Income tax proposal of October 2599 |
| Message | The budget, with these fair taxes, will go into surplus, and we can allocate more funding within the budget. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 398 | ||
| no | Total Seats: 189 | ||
| abstain |
Total Seats: 163 |
| Random fact: Cultural Protocol bills must provide a real-life equivalent or short description for the ethnic groups, languages and religions contained in them, such that it would be easy for an unfamiliar player to understand (e.g. "Dundorfian = German"). Where appropriate, they should also provide guidance to players on where to find help with translations and character names. This might include, for example, links to Google Translate, Behind the Name's Random Name Generator and Fantasy Name Generators. |
| Random quote: "I don't believe you need to be bitch to succeed in business" - Lucinda Redwood, former Luthorian-Dorvish businesswoman |