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Bill: Income tax proposal of January 2719
Details
Submitted by[?]: People's Party - Republican Democrats
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 2719
Description[?]:
| The People's Self-Defence propose to adjust the government's income tax policy to better address the economic situation of the Second Republic of Aldegar. |
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 ACR | 5% | 1,398,000,000 ACR |
| > 1,000 ACR | 10% | 5,591,000,000 ACR |
| > 2,000 ACR | 20% | 21,131,000,000 ACR |
| > 4,000 ACR | 40% | 42,942,000,000 ACR |
| > 7,500 ACR | 50% | 19,555,000,000 ACR |
| > 10,000 ACR | 60% | 11,696,000,000 ACR |
| > 12,500 ACR | 70% | 8,662,000,000 ACR |
| > 15,000 ACR | 80% | 7,472,000,000 ACR | Total | 118,447,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
| Date | 09:56:14, March 01, 2009 CET | From | People's Party - Republican Democrats | To | Debating the Income tax proposal of January 2719 |
| Message | This proposal provides for a much-needed tax relief for the lowest income group. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 159 | |||
| no |
Total Seats: 402 | |||
| abstain | Total Seats: 189 |
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