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Bill: Income tax proposal of April 2923
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: December 2923
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. |
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 | 8% | 2,235,000,000 ACR |
| > 3,000 ACR | 13% | 3,437,000,000 ACR |
| > 3,500 ACR | 18% | 4,192,000,000 ACR |
| > 4,000 ACR | 23% | 4,830,000,000 ACR |
| > 4,500 ACR | 28% | 5,117,000,000 ACR |
| > 5,000 ACR | 33% | 5,423,000,000 ACR |
| > 5,500 ACR | 38% | 5,693,000,000 ACR |
| > 6,000 ACR | 43% | 5,873,000,000 ACR |
| > 6,500 ACR | 48% | 5,906,000,000 ACR |
| > 7,000 ACR | 53% | 5,655,000,000 ACR |
| > 7,500 ACR | 58% | 5,099,000,000 ACR |
| > 8,000 ACR | 63% | 5,360,000,000 ACR |
| > 8,500 ACR | 68% | 5,362,000,000 ACR |
| > 9,000 ACR | 73% | 5,285,000,000 ACR |
| > 9,500 ACR | 78% | 5,206,000,000 ACR |
| > 10,000 ACR | 83% | 4,586,000,000 ACR |
| > 10,500 ACR | 88% | 4,009,000,000 ACR |
| > 11,000 ACR | 93% | 28,920,000,000 ACR | Total | 112,188,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 132 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 117 |
| Random fact: Real-life organisations should not be referenced in Particracy, unless they are simple and generic (eg. "National Organisation for Women" is allowed). |
| Random quote: "There is a mandate to impose a voluntary return to traditional values." - Ronald Reagan |