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Bill: New Progressive Income Tax Proposal of June 2642
Details
Submitted by[?]: Moderate Libertarian Party (NoCoalition)
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: February 2643
Description[?]:
| The Moderate Libertarians/Anti-Federalists 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 |
| > 5,000 ALO | 1% | 1,480,000,000 ALO |
| > 10,000 ALO | 2% | 1,031,000,000 ALO |
| > 15,000 ALO | 3% | 840,000,000 ALO |
| > 20,000 ALO | 4% | 286,000,000 ALO |
| > 25,000 ALO | 5% | 98,000,000 ALO | Total | 3,735,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 219 | |||
| no |
Total Seats: 285 | |||
| abstain |
Total Seats: 147 |
| Random fact: Large scale RP planning (such as wars, regional/continental conflicts, economic collapse, etc.) should be planned (as best as it can be) and should have consent of a majority of players involved. |
| Random quote: "Political institutions are a superstructure resting on an economic foundation." - Vladimir Lenin |