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Bill: Income tax proposal of September 2822
Details
Submitted by[?]: New Socialist Alliance
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: May 2823
Description[?]:
The New Socialist Alliance 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 |
> 5,000 ALO | 5% | 7,396,000,000 ALO |
> 10,000 ALO | 25% | 12,879,000,000 ALO |
> 15,000 ALO | 35% | 9,790,000,000 ALO |
> 20,000 ALO | 50% | 3,571,000,000 ALO |
> 25,000 ALO | 70% | 1,363,000,000 ALO | Total | 34,999,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 11:48:32, September 25, 2009 CET | From | Conservative Party | To | Debating the Income tax proposal of September 2822 |
Message | 70% Tax rates? Does the new socialist alliance wish to drive out all the successful buisness people who keep this economy growing? |
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Voting
Vote | Seats | |||
yes | Total Seats: 0 | |||
no | Total Seats: 385 | |||
abstain |
Total Seats: 115 |
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