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Bill: Progressive Income tax compromise proposal of July 2634
Details
Submitted by[?]: Moderate Libertarian Party (NoCoalition)
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: March 2635
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 |
| > 1,000 ALO | 1% | 2,284,000,000 ALO |
| > 5,000 ALO | 2% | 2,960,000,000 ALO |
| > 10,000 ALO | 3% | 1,546,000,000 ALO |
| > 15,000 ALO | 4% | 1,119,000,000 ALO |
| > 20,000 ALO | 5% | 454,000,000 ALO | Total | 8,363,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 23:40:57, September 09, 2008 CET | From | Alorian Populist Party (DemCoa) | To | Debating the Progressive Income tax compromise proposal of July 2634 |
| Message | We apprecate this greatly. However, expect us to try and make it even more progressive, and cut taxes on those making less then 5,000 (cut completely). |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 351 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 328 |
| Random fact: Google Translate can help you with those language translations: https://translate.google.com/ |
| Random quote: "A theory that seems to explain everything is just as good at explaining nothing"- Christopher Hitchens |