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Bill: Income tax proposal of October 2919
Details
Submitted by[?]: People's Party - Republican Democrats
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: June 2920
Description[?]:
| The Minister of Finance, Ms. Graciella Mortensen of the People's Party - Liberal Democrats, proposes to adjust the government's income tax policy to better address the economic situation of the Second Republic of Aldegar. This propsal uses the slight surplus that still exists to provide for a small tax reduction across all income 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 |
| > 2,500 ACR | 9% | 2,517,000,000 ACR |
| > 3,000 ACR | 14% | 3,704,000,000 ACR |
| > 3,500 ACR | 19% | 4,429,000,000 ACR |
| > 4,000 ACR | 24% | 5,044,000,000 ACR |
| > 4,500 ACR | 29% | 5,304,000,000 ACR |
| > 5,000 ACR | 34% | 5,593,000,000 ACR |
| > 5,500 ACR | 39% | 5,850,000,000 ACR |
| > 6,000 ACR | 44% | 6,018,000,000 ACR |
| > 6,500 ACR | 49% | 6,038,000,000 ACR |
| > 7,000 ACR | 54% | 5,771,000,000 ACR |
| > 7,500 ACR | 59% | 5,196,000,000 ACR |
| > 8,000 ACR | 64% | 5,455,000,000 ACR |
| > 8,500 ACR | 69% | 5,452,000,000 ACR |
| > 9,000 ACR | 74% | 5,368,000,000 ACR |
| > 9,500 ACR | 79% | 5,283,000,000 ACR |
| > 10,000 ACR | 84% | 4,648,000,000 ACR |
| > 10,500 ACR | 89% | 31,805,000,000 ACR | Total | 113,475,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 111 | ||
| no | Total Seats: 53 | ||
| abstain | Total Seats: 85 |
| Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
| Random quote: "It is dangerous to be right when the government is wrong." - Voltaire |