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Bill: Income tax proposal of April 2940
Details
Submitted by[?]: New Independence Party (PCA)
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 2940
Description[?]:
The New Independence Party (PCA) 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 |
> 1,000 ALO | 1% | 2,283,000,000 ALO |
> 5,000 ALO | 25% | 36,971,000,000 ALO |
> 10,000 ALO | 35% | 18,023,000,000 ALO |
> 15,000 ALO | 40% | 11,166,000,000 ALO |
> 20,000 ALO | 45% | 3,193,000,000 ALO |
> 25,000 ALO | 50% | 966,000,000 ALO | Total | 72,602,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 15:31:25, May 18, 2010 CET | From | New Independence Party (PCA) | To | Debating the Income tax proposal of April 2940 |
Message | Same as last bill, but 5000-10,000 tax bracket is set at 25% per NSP's request. |
Date | 18:05:48, May 18, 2010 CET | From | National Socialist Party (PCA) | To | Debating the Income tax proposal of April 2940 |
Message | Thanks. |
Date | 22:34:18, May 18, 2010 CET | From | New Aloria Party (NAP) | To | Debating the Income tax proposal of April 2940 |
Message | Will again vote no as the game is not set up for Progesieve tax table. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 370 | ||||
no | Total Seats: 122 | ||||
abstain | Total Seats: 123 |
Random fact: Parties have the ability to endorse another party's candidate for the Head of State election (if there is one). This adds a strategic element to the elections. |
Random quote: "A prince never lacks legitimate reasons to break his promise." - Niccolo Machiavelli |