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Bill: Income tax proposal of May 2667
Details
Submitted by[?]: Liberal Progressive Party
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: January 2668
Description[?]:
| The Liberal Progressive Party propose to adjust the government's income tax policy to better address the economic situation of the Second Republic of Aldegar. |
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 |
| > 100 ACR | 20% | 10,086,000,000 ACR |
| > 1,000 ACR | 20% | 22,413,000,000 ACR |
| > 3,000 ACR | 60% | 88,074,000,000 ACR |
| > 7,000 ACR | 60% | 29,965,000,000 ACR |
| > 10,000 ACR | 60% | 13,346,000,000 ACR |
| > 13,000 ACR | 80% | 7,769,000,000 ACR |
| > 15,000 ACR | 90% | 8,447,000,000 ACR | Total | 180,100,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
| Date | 12:02:36, November 18, 2008 CET | From | Green Party of Aldegar | To | Debating the Income tax proposal of May 2667 |
| Message | And you call yourself 'liberal'. |
| Date | 14:34:36, November 18, 2008 CET | From | Progress Party | To | Debating the Income tax proposal of May 2667 |
| Message | Cut taxes. Not raise them. Not much of a consistent party you have there. 90 % is only going to lead to more loopholes, and eventually rich people will reside elsewhere, blatantly asinine. |
| Date | 00:42:32, November 19, 2008 CET | From | Liberal Progressive Party | To | Debating the Income tax proposal of May 2667 |
| Message | Where does it say that liberalism means you support tax cuts? People have this weird world view where they expect, no, demand government fix problems, yet they are extremely unwilling to have to pay for them. This is not a permanent measure. It is necessary to fund increased investment in our country. You have to look beyond the immediate political aspects and take a look at the big picture. |
| Date | 03:05:00, November 19, 2008 CET | From | Green Party of Aldegar | To | Debating the Income tax proposal of May 2667 |
| Message | But are those increased investments (those u proposed) necessary? And taxing this high is even unacceptable for us left wing hippies. |
| Date | 08:03:12, November 19, 2008 CET | From | Liberal Progressive Party | To | Debating the Income tax proposal of May 2667 |
| Message | Yes. These taxes are necessary in order to have the funds to allow our nation to repair and rebuild neglected infrastructure, as well as expand on new facilities. Again, this will be a one off, finance and taxes will be adjusted in line with the nations needs. It is not the policy of the Liberal Progressive Party to let Aldegar stagnate. Infrastructure investment will boost productivity and employment, which in turns creates more funds available to the government through taxes, which means there may be increased funding for other items on the budget. Maybe even this new 'environment' thing you hippies keep on about. |
| Date | 17:38:20, November 19, 2008 CET | From | Progress Party | To | Debating the Income tax proposal of May 2667 |
| Message | We don't need to boom up the budget and use enormous sums at once, and make every rich investor travel to other countries and invest. If you want infrastructure, then you should increase the funding, but not by half of the budget. That's just ridiculous. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 105 | ||||
| no |
Total Seats: 205 | ||||
| abstain |
Total Seats: 440 |
| Random fact: Never use the same password as a friend. If two or more active accounts use the same password, they will be inactivated. |
| Random quote: "It is dangerous to be right when the government is wrong." - Voltaire |