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Bill: Taxation Proposal of May 2944
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 2945
Description[?]:
The Minister of Finance, Mr Conradin Munro of the People's Party-Liberal Reform Democrats, proposes to adjust the government's tax policy to better address the economic situation of the Second Republic of Aldegar. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 1
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 | 2% | 337,000,000 ACR |
> 2,800 ACR | 5% | 837,000,000 ACR |
> 3,100 ACR | 8% | 1,282,000,000 ACR |
> 3,400 ACR | 11% | 1,613,000,000 ACR |
> 3,700 ACR | 14% | 1,920,000,000 ACR |
> 4,000 ACR | 17% | 2,193,000,000 ACR |
> 4,300 ACR | 20% | 2,407,000,000 ACR |
> 4,600 ACR | 23% | 2,527,000,000 ACR |
> 4,900 ACR | 26% | 2,687,000,000 ACR |
> 5,200 ACR | 29% | 2,806,000,000 ACR |
> 5,500 ACR | 32% | 2,956,000,000 ACR |
> 5,800 ACR | 35% | 3,016,000,000 ACR |
> 6,100 ACR | 38% | 3,139,000,000 ACR |
> 6,400 ACR | 41% | 3,206,000,000 ACR |
> 6,700 ACR | 44% | 3,167,000,000 ACR |
> 7,000 ACR | 47% | 3,085,000,000 ACR |
> 7,300 ACR | 50% | 3,002,000,000 ACR |
> 7,600 ACR | 53% | 2,782,000,000 ACR |
> 7,900 ACR | 56% | 2,922,000,000 ACR |
> 8,200 ACR | 59% | 2,994,000,000 ACR |
> 8,500 ACR | 62% | 2,990,000,000 ACR |
> 8,800 ACR | 65% | 2,993,000,000 ACR |
> 9,100 ACR | 68% | 2,976,000,000 ACR |
> 9,400 ACR | 71% | 2,940,000,000 ACR |
> 9,700 ACR | 74% | 2,940,000,000 ACR |
> 10,000 ACR | 77% | 2,654,000,000 ACR |
> 10,300 ACR | 80% | 2,493,000,000 ACR |
> 10,600 ACR | 83% | 2,290,000,000 ACR |
> 10,900 ACR | 86% | 1,971,000,000 ACR |
> 11,200 ACR | 89% | 1,744,000,000 ACR |
> 11,500 ACR | 92% | 1,699,000,000 ACR |
> 11,800 ACR | 95% | 1,754,000,000 ACR |
> 12,100 ACR | 98% | 23,637,000,000 ACR | Total | 101,959,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes | Total Seats: 152 | |
no | Total Seats: 97 | |
abstain | Total Seats: 0 |
Random fact: Voters have an extra appreciation for bills that actually get passed, so if you want to maximally take profit from your votes, make sure you compromise with others. |
Random quote: "The only thing that saves us from bureaucracy is its inefficiency." - Eugene McCarthy |