We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Taxation Proposal of May 2814
Details
Submitted by[?]: People's Party - Republican 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 not pass any sooner than the deadline.
Voting deadline: January 2815
Description[?]:
| The Minister of Finance, Mr Francis Ahern of the People's Party - Social Democrats, proposes to adjust the government's income tax policy to better address the economic situation of the Second Republic of Aldegar. This proposal reduces the current deficit by a considerable amount while avoiding to make the lower income groups pay for the consolidation of the budget. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 30
Proposed: 60
Article 2
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 |
| > 2,500 ACR | 15% | 4,193,000,000 ACR |
| > 3,000 ACR | 20% | 5,290,000,000 ACR |
| > 3,500 ACR | 25% | 5,825,000,000 ACR |
| > 4,000 ACR | 30% | 6,302,000,000 ACR |
| > 4,500 ACR | 35% | 6,398,000,000 ACR |
| > 5,000 ACR | 40% | 6,575,000,000 ACR |
| > 5,500 ACR | 45% | 6,744,000,000 ACR |
| > 6,000 ACR | 50% | 6,831,000,000 ACR |
| > 6,500 ACR | 55% | 6,769,000,000 ACR |
| > 7,000 ACR | 60% | 6,405,000,000 ACR |
| > 7,500 ACR | 65% | 5,716,000,000 ACR |
| > 8,000 ACR | 70% | 5,957,000,000 ACR |
| > 8,500 ACR | 75% | 5,916,000,000 ACR |
| > 9,000 ACR | 80% | 5,793,000,000 ACR |
| > 9,500 ACR | 85% | 5,675,000,000 ACR |
| > 10,000 ACR | 90% | 37,087,000,000 ACR | Total | 127,476,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 416 | ||||
| no |
Total Seats: 83 | ||||
| abstain | Total Seats: 0 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: "It is not titles that honor men, but men that honor titles." - Niccolo Machiavelli |