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Bill: A Step Toward A Flat Tax
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: October 2708
Description[?]:
| The lowest brackets have been dropped altogether, many people have lower taxes in this plan, and it generates more revenue. |
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 |
| > 2,000 ALO | 8% | 13,562,000,000 ALO |
| > 5,000 ALO | 12% | 17,750,000,000 ALO |
| > 10,000 ALO | 15% | 11,923,000,000 ALO |
| > 20,000 ALO | 20% | 1,818,000,000 ALO | Total | 45,053,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 13:24:21, February 07, 2009 CET | From | Industrialist Party of Aloria | To | Debating the A Step Toward A Flat Tax |
| Message | This new tax plan will actually generate MORE money while shifting the tax burden more evenly throughout the economy. Some people who pay taxes now, don't even have to on the new system we propose which helps to kick the progressive economics. It would look like the poor would need to not be taxed! |
| Date | 21:34:07, February 07, 2009 CET | From | Conservative Union | To | Debating the A Step Toward A Flat Tax |
| Message | Just assuming here: Is the tax median going to be 15% (or around that)? |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 422 | |||
| no | Total Seats: 204 | |||
| abstain | Total Seats: 124 |
| Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
| Random quote: "I swear to the Lord I still can't see Why Democracy means Everybody but me." - Langston Hughes, The Black Man Speaks |