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Bill: Income tax proposal of March 2127
Details
Submitted by[?]: Ducal Delegation
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: November 2127
Description[?]:
Aldegar's current higher rate of income tax, at 38%, is simply far too high. People are leaving the country to make more money abroad, depriving Aldegar's economy of wealth. This modest proposal will introduce a flat rate tax of 30%, giving Aldegar's highest earners a break whilst also taking many ordinary Aldegarians outside of the tax bracket altogether. This proposal is a good dead for rich and poor alike. Percy Waterman (First Minister of Aldegar and Personal Secretary to the Grand Duke of Hikirena) |
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 |
> 3,000 ACR | 30% | 71,266,000,000 ACR | Total | 71,266,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
Date | 23:59:04, October 17, 2005 CET | From | Fenner Brockway Socialist Party | To | Debating the Income tax proposal of March 2127 |
Message | Everyone earning between 3,000 and 17,000 ACR would pay more tax under this proposal, many of them massively more, all to subsidize a tax cut for the rich. |
Date | 01:25:35, October 18, 2005 CET | From | Novy Smer Party | To | Debating the Income tax proposal of March 2127 |
Message | A most unacceptable proposal, and clearly self-serving for the 'Grand' Duke. |
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Voting
Vote | Seats | ||||||
yes |
Total Seats: 85 | ||||||
no |
Total Seats: 209 | ||||||
abstain | Total Seats: 27 |
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