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Bill: Income tax proposal of March 2687
Details
Submitted by[?]: Industrialist Party of Aloria
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: June 2689
Description[?]:
| We proposed a slight lowering of taxes. |
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 |
| > 500 ALO | 5% | 2,936,000,000 ALO |
| > 1,500 ALO | 10% | 5,872,000,000 ALO |
| > 2,500 ALO | 12% | 34,558,000,000 ALO |
| > 10,000 ALO | 25% | 19,869,000,000 ALO |
| > 20,000 ALO | 38% | 3,456,000,000 ALO | Total | 66,691,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 17:57:54, December 27, 2008 CET | From | Alorian Populist Party (DemCoa) | To | Debating the Income tax proposal of March 2687 |
| Message | for the wealthy rather then the working class I may add. |
| Date | 01:44:32, December 28, 2008 CET | From | Industrialist Party of Aloria | To | Debating the Income tax proposal of March 2687 |
| Message | The working class doesn't need lowering, it's at a mere 5%. And the biggest lowering is for the middle class, not the wealthy. |
| Date | 01:22:23, December 29, 2008 CET | From | Alorian Populist Party (DemCoa) | To | Debating the Income tax proposal of March 2687 |
| Message | I don't know where you get you're facts from. GDP per capita (thus a rough estimate of average income) is at about 4500 AlO a year. 2500 is the poverty line (by my estimate, equal to 20,000 fictional usa $, 500 is increidbly poor and should hardly even be taxes, 10,000 is upper middle class, 20,000 is rich. |
| Date | 01:25:09, December 29, 2008 CET | From | Alorian Populist Party (DemCoa) | To | Debating the Income tax proposal of March 2687 |
| Message | So yes, this does cut taxes for those above 2500, but not enough, while meanwhile those below 2500 who are in poverty and thus should hardly be taxed at all see now change in this bill (i admit though, my initial statement was false and overlooked the 3 percent cut on the 2500 bracket). We should be raising taxes on those above 4500 so we can cut taxes on those making under it even more, if you ask me. |
| Date | 07:28:35, December 29, 2008 CET | From | Industrialist Party of Aloria | To | Debating the Income tax proposal of March 2687 |
| Message | We should have a lower all around flat tax. That way it's fair. |
| Date | 20:04:59, December 30, 2008 CET | From | Industrialist Party of Aloria | To | Debating the Income tax proposal of March 2687 |
| Message | I'm putting this to vote. The poor already has insanely low taxes, so the rich should be able to have soem breathing room too. This is a very small tax break. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 438 | |||
| no | Total Seats: 215 | |||
| abstain | Total Seats: 97 |
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| Random quote: "John Burroughs has stated that experimental study of animals in captivity is absolutely useless. Their character, their habits, their appetites undergo a complete transformation when torn from their soil in field and forest. With human nature caged in a narrow space, whipped daily into submission, how can we speak of its potentialities?" - Emma Goldman |