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Bill: Taking Down the Deficit I
Details
Submitted by[?]: Conservative Union
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: September 2697
Description[?]:
The National Alliance 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 |
> 500 ALO | 1% | 881,000,000 ALO |
> 2,000 ALO | 5% | 8,480,000,000 ALO |
> 5,000 ALO | 10% | 14,795,000,000 ALO |
> 10,000 ALO | 20% | 15,897,000,000 ALO |
> 20,000 ALO | 75% | 6,808,000,000 ALO | Total | 46,861,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 256 | ||||
no |
Total Seats: 494 | ||||
abstain | Total Seats: 0 |
Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
Random quote: "The spread of evil is the symptom of a vacuum. Whenever evil wins, it is only by default: by the moral failure of those who evade the fact that there can be no compromise on basic principles." - Ayn Rand |