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Bill: Budget Proposal of November 2702 - Taxation
Details
Submitted by[?]: Green Party of Aldegar
Status[?]: passed
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: July 2703
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% | 8,397,000,000 ACR |
> 2,000 ACR | 25% | 26,449,000,000 ACR |
> 4,000 ACR | 35% | 37,649,000,000 ACR |
> 7,500 ACR | 45% | 17,652,000,000 ACR |
> 10,000 ACR | 55% | 12,227,000,000 ACR |
> 13,000 ACR | 65% | 8,794,000,000 ACR |
> 16,000 ACR | 69% | 3,846,000,000 ACR | Total | 115,014,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes |
Total Seats: 482 | |||||
no | Total Seats: 0 | |||||
abstain | Total Seats: 220 |
Random fact: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
Random quote: "Those looking for ideology in the White House should consider this: for the men who rule our world, rules are for other people." - Naomi Klein |