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Bill: Income tax proposal of February 2614
Details
Submitted by[?]: Socialist Party of Aldegar
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: October 2614
Description[?]:
| The People's Action Party propose to adjust the government's income tax policy to better address the economic situation of the Aldegarian Empire of the One. |
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 |
| > 1,000 ACR | 15% | 8,402,000,000 ACR |
| > 2,000 ACR | 20% | 16,502,000,000 ACR |
| > 3,500 ACR | 25% | 26,978,000,000 ACR |
| > 6,500 ACR | 30% | 9,555,000,000 ACR |
| > 8,000 ACR | 35% | 8,296,000,000 ACR |
| > 9,500 ACR | 40% | 6,721,000,000 ACR |
| > 11,000 ACR | 45% | 6,579,000,000 ACR |
| > 13,500 ACR | 50% | 8,272,000,000 ACR | Total | 91,305,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
| Date | 02:06:54, July 31, 2008 CET | From | Green Party of Aldegar | To | Debating the Income tax proposal of February 2614 |
| Message | This will be too much of a deficit. Not good. |
| Date | 03:14:07, July 31, 2008 CET | From | Conservative Liberalism Party | To | Debating the Income tax proposal of February 2614 |
| Message | Current tax system: 176,391,232,420 ACR Proposed: 222,045,000,000 ACR This is a deficit? |
| Date | 03:43:56, July 31, 2008 CET | From | Socialist Party of Aldegar | To | Debating the Income tax proposal of February 2614 |
| Message | A progressive tax system for our nation. |
| Date | 05:32:55, July 31, 2008 CET | From | Pantheism Capitalistic Party UCF | To | Debating the Income tax proposal of February 2614 |
| Message | What is the point of raising taxes if we all ready have a surplus? This measures is the usual leftist rubbish that will only hurt the economy. |
| Date | 06:54:51, July 31, 2008 CET | From | Green Party of Aldegar | To | Debating the Income tax proposal of February 2614 |
| Message | CLP, no, that comment was supposed to be for the proposed tax by the PCP one. Must have been coz of opening too much tabs. We are inclined to support this one, but those below the 3,500 bracket are being taxed too heavily. Be more creative and progressive! |
| Date | 11:43:35, July 31, 2008 CET | From | Democratic Unity Party | To | Debating the Income tax proposal of February 2614 |
| Message | That's not a fair tax system. |
| Date | 19:21:02, July 31, 2008 CET | From | Socialist Party of Aldegar | To | Debating the Income tax proposal of February 2614 |
| Message | This is not fair? It is for the basis of communitarianism in our nation. What is best for all. Not some. |
| Date | 19:33:40, July 31, 2008 CET | From | Federation Aldegarian Party | To | Debating the Income tax proposal of February 2614 |
| Message | We think its fairer than the old one. what's 5% of 1 ACR anyway?? |
| Date | 03:07:42, August 01, 2008 CET | From | Green Party of Aldegar | To | Debating the Income tax proposal of February 2614 |
| Message | We will support this for now, but we'll certainly try to push to lower those below the 3500 bracket. |
| Date | 07:31:08, August 01, 2008 CET | From | Socialist Party of Aldegar | To | Debating the Income tax proposal of February 2614 |
| Message | We can agree to that in the near future. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 372 | ||||
| no | Total Seats: 167 | ||||
| abstain |
Total Seats: 211 |
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