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Bill: Income tax proposal of September 2736
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: May 2737
Description[?]:
| The Alorian Populist Party (DemCoa) propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Aloria. The current tax code is too restrictive. This cuts taxes for everyone making it 10000+, it does not affect anyone making less then 5,000. The median income is around 4000-4,500. Meanwhile, it implements taxation for those in between 5000 and 8,000. While the APP is reluctant to do this, it is neccessary to spread the burdens of taxation around more, as currently the 50% tax on income above 8,000 is to restrictive. This raises that half taxation level 5000 ALO, while eliminating the 60% tax. |
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% | 2,869,000,000 ALO |
| > 5,000 ALO | 10% | 7,651,000,000 ALO |
| > 7,000 ALO | 20% | 10,100,000,000 ALO |
| > 9,000 ALO | 30% | 11,057,000,000 ALO |
| > 11,000 ALO | 40% | 7,773,000,000 ALO |
| > 13,000 ALO | 50% | 26,587,000,000 ALO | Total | 66,037,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 07:29:27, April 06, 2009 CET | From | Genuine Progress Alliance | To | Debating the Income tax proposal of September 2736 |
| Message | We support tax cuts, but we would also like to know your overall plan to combat the deficit. |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 597 | ||||||
| no | Total Seats: 0 | ||||||
| abstain | Total Seats: 153 |
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