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Bill: Tax Cuts
Details
Submitted by[?]: Alorian Populist Party (DemCoa)
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: April 2720
Description[?]:
| The Alorian Populist Party (PrCoa) propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Aloria. The current system was too regressive. THis will change that while stimulating the economy. Admitingly, this will bring about a deficit, but because of the return of the recession, its needed for the short term. Eventually, will raise taxes on the higher brackets to pay this down, but as of right now, it would be unwise to raise taxes. |
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 |
| > 1 ALO | 1% | 2,622,000,000 ALO |
| > 4,500 ALO | 15% | 17,381,000,000 ALO |
| > 7,500 ALO | 25% | 27,131,000,000 ALO |
| > 15,000 ALO | 40% | 14,823,000,000 ALO | Total | 61,957,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 13:50:27, March 02, 2009 CET | From | Alorian Populist Party (DemCoa) | To | Debating the Tax Cuts |
| Message | So again, this removes taxes (except for 1%)for most (about half) of all Alorians, relieving them of serious economic burdens. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 422 | ||||
| no |
Total Seats: 149 | ||||
| abstain | Total Seats: 179 |
| Random fact: In order for a Cabinet bill to pass, more than half of the legislature must vote for it and all of the parties included in the proposed Cabinet must support it. If your nation has a Head of State who is also the Head of Government, then the party controlling this character must also vote for the bill, since the Head of Government is also a member of the Cabinet. If any of these requirements are not met, the bill will not pass. |
| Random quote: "Power corrupts, and absolute power corrupts absolutely." - John Dalberg-Acton |