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Bill: Single-Digit Progressive Income tax proposal of February 2645
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: October 2645
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 |
> 1,000 ALO | 1% | 2,282,000,000 ALO |
> 5,000 ALO | 2% | 2,958,000,000 ALO |
> 10,000 ALO | 3% | 1,545,000,000 ALO |
> 15,000 ALO | 4% | 1,119,000,000 ALO |
> 20,000 ALO | 5% | 357,000,000 ALO |
> 25,000 ALO | 6% | 117,000,000 ALO | Total | 8,378,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 02:43:28, October 01, 2008 CET | From | Industrialist Party of Aloria | To | Debating the Single-Digit Progressive Income tax proposal of February 2645 |
Message | This is a brilliant move toward lower taxes and, hopefully, a flat tax. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 458 | ||||
no | Total Seats: 292 | ||||
abstain |
Total Seats: 0 |
Random fact: The Real-Life Equivalents Index is a valuable resource for finding out the in-game equivalents of real-life cultures, languages, religions, people and places: http://forum.particracy.net/viewtopic.php?f=11&t=6731 |
Random quote: "Morality is simply the attitude we adopt towards people whom we personally dislike." - Oscar Wilde |