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Bill: Tax Cut (minor tweak)
Details
Submitted by[?]: Alorian Populist Party (DemCoa)
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 2644
Description[?]:
| The Social Populist Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Aloria. 1% cut on the highest bracket and an elimination of the 15000 bracket |
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 |
| > 7,000 ALO | 3% | 2,141,000,000 ALO |
| > 10,000 ALO | 5% | 1,550,000,000 ALO |
| > 12,500 ALO | 8% | 3,056,000,000 ALO |
| > 17,500 ALO | 12% | 1,234,000,000 ALO |
| > 20,000 ALO | 14% | 1,274,000,000 ALO | Total | 9,255,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 464 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 187 |
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