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Bill: End the Deficit: FIscal Responsibility
Details
Submitted by[?]: Alorian Populist Party (DemCoa)
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: March 2646
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. This is to relieve deficit spending. My party believes that spending already is not enough, so we will not vote to cut spending. This is similar to what the tax code used to be before the MLP corrupted it. It cuts taxes for about half of Alorians making below the median income. |
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 |
| > 5,500 ALO | 2% | 2,527,000,000 ALO |
| > 10,000 ALO | 5% | 1,549,000,000 ALO |
| > 12,500 ALO | 15% | 3,076,000,000 ALO |
| > 15,000 ALO | 20% | 3,538,000,000 ALO |
| > 17,500 ALO | 25% | 4,841,000,000 ALO | Total | 15,531,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 22:36:12, October 01, 2008 CET | From | Communist Party of Aloria | To | Debating the End the Deficit: FIscal Responsibility |
| Message | We don't neccessarily like it, but we want to end the deficit. |
| Date | 22:42:19, October 01, 2008 CET | From | Alorian Socialist Party | To | Debating the End the Deficit: FIscal Responsibility |
| Message | This is still not enough to end the deficit which is at over 34 billion. However we could make minor adjustments in the tax rate of the upper tax bracket. |
| Date | 23:19:04, October 01, 2008 CET | From | Alorian Populist Party (DemCoa) | To | Debating the End the Deficit: FIscal Responsibility |
| Message | This is enough.... probably added with the 1% luxury tax. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 292 | |||||
| no | Total Seats: 311 | |||||
| abstain | Total Seats: 31 |
| Random fact: Before creating a party organisation, check to see whether there are any existing organisations which cover the same agenda. |
| Random quote: "To punish the oppressors of humanity is clemency; to forgive them is barbarity." - Maximilien Robespierre |