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Bill: Income tax proposal of September 2785
Details
Submitted by[?]: United Freedom Party
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 2786
Description[?]:
| The United Freedom Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Aloria. This proposal represents a 2-3% tax cut for all brackets. |
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 |
| > 1,000 ALO | 2% | 588,000,000 ALO |
| > 1,500 ALO | 5% | 2,942,000,000 ALO |
| > 2,500 ALO | 9% | 20,838,000,000 ALO |
| > 7,500 ALO | 18% | 19,560,000,000 ALO |
| > 15,000 ALO | 23% | 8,532,000,000 ALO | Total | 52,460,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 282 | ||||
| no | Total Seats: 115 | ||||
| abstain |
Total Seats: 103 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: "It depends upon what the meaning of the word 'is' is." - Bill Clinton |