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Bill: President Reagan's 'Lower Those Taxes!!' Proposal
Details
Submitted by[?]: Centre Democrats
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 2748
Description[?]:
| The Centre Democrats propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Aloria. |
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 ALO | 5% | 2,061,000,000 ALO |
| > 1,200 ALO | 7% | 5,360,000,000 ALO |
| > 2,500 ALO | 10% | 14,053,000,000 ALO |
| > 5,000 ALO | 15% | 22,242,000,000 ALO |
| > 10,000 ALO | 25% | 22,187,000,000 ALO | Total | 65,903,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 267 | ||||
| no |
Total Seats: 101 | ||||
| abstain |
Total Seats: 132 |
| Random fact: Voters have an extra appreciation for bills that actually get passed, so if you want to maximally take profit from your votes, make sure you compromise with others. |
| Random quote: "Religion, like capitalism, will perish in the end. We estimate the complete Terra-wide extinction of Hosianism as a religious belief by the year 4409, and in Dorvik by 4398." - Friedrich Pfeiffer, former Dorvish politician |