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Bill: Budget Proposal of June 2700 - Taxation
Details
Submitted by[?]: Green Party of Aldegar
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: February 2701
Description[?]:
| The Green Party of Aldegar propose to adjust the government's tax policy to better address the economic situation of the Second Republic of Aldegar. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 50
Proposed: 27
Article 2
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 ACR | 10% | 8,396,000,000 ACR |
| > 2,000 ACR | 25% | 26,446,000,000 ACR |
| > 4,000 ACR | 35% | 37,647,000,000 ACR |
| > 7,500 ACR | 45% | 17,648,000,000 ACR |
| > 10,000 ACR | 55% | 12,221,000,000 ACR |
| > 13,000 ACR | 65% | 8,786,000,000 ACR |
| > 16,000 ACR | 69% | 3,838,000,000 ACR | Total | 114,982,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 215 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 347 |
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