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Bill: Taxation Proposal of April 2953
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: December 2953
Description[?]:
| The Minister of Finance, Mr Conradin Munro of the People's Party - Civic Democratic Forum, proposes to adjust the government's income 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:: 1
Current: 0
Proposed: 2
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 |
| > 3,000 ACR | 4% | 651,000,000 ACR |
| > 3,300 ACR | 7% | 1,052,000,000 ACR |
| > 3,600 ACR | 10% | 1,399,000,000 ACR |
| > 3,900 ACR | 13% | 1,701,000,000 ACR |
| > 4,200 ACR | 16% | 1,982,000,000 ACR |
| > 4,500 ACR | 19% | 2,134,000,000 ACR |
| > 4,800 ACR | 22% | 2,315,000,000 ACR |
| > 5,100 ACR | 25% | 2,448,000,000 ACR |
| > 5,400 ACR | 28% | 2,643,000,000 ACR |
| > 5,700 ACR | 31% | 2,711,000,000 ACR |
| > 6,000 ACR | 34% | 2,817,000,000 ACR |
| > 6,300 ACR | 37% | 2,955,000,000 ACR |
| > 6,600 ACR | 40% | 2,945,000,000 ACR |
| > 6,900 ACR | 43% | 2,899,000,000 ACR |
| > 7,200 ACR | 46% | 2,890,000,000 ACR |
| > 7,500 ACR | 49% | 2,614,000,000 ACR |
| > 7,800 ACR | 52% | 2,702,000,000 ACR |
| > 8,100 ACR | 55% | 2,810,000,000 ACR |
| > 8,400 ACR | 58% | 2,849,000,000 ACR |
| > 8,700 ACR | 61% | 2,840,000,000 ACR |
| > 9,000 ACR | 64% | 2,813,000,000 ACR |
| > 9,300 ACR | 67% | 2,837,000,000 ACR |
| > 9,600 ACR | 70% | 2,809,000,000 ACR |
| > 9,900 ACR | 73% | 2,626,000,000 ACR |
| > 10,200 ACR | 76% | 2,444,000,000 ACR |
| > 10,500 ACR | 79% | 2,305,000,000 ACR |
| > 10,800 ACR | 82% | 1,983,000,000 ACR |
| > 11,100 ACR | 85% | 1,733,000,000 ACR |
| > 11,400 ACR | 91% | 1,676,000,000 ACR |
| > 11,700 ACR | 94% | 1,730,000,000 ACR |
| > 12,000 ACR | 97% | 23,881,000,000 ACR | Total | 94,194,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 143 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 106 |
| Random fact: Party candidates for head of state elections are not visible to the public. This means that you cannot see who will run and who will not, which adds another strategic element to the elections. |
| Random quote: "I have no faith in political arithmetic." - Adam Smith |