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Bill: Taxation Proposal of April 2959
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 2959
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: 0
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% | 653,000,000 ACR |
> 3,300 ACR | 7% | 1,055,000,000 ACR |
> 3,600 ACR | 10% | 1,402,000,000 ACR |
> 3,900 ACR | 13% | 1,705,000,000 ACR |
> 4,200 ACR | 16% | 1,987,000,000 ACR |
> 4,500 ACR | 19% | 2,140,000,000 ACR |
> 4,800 ACR | 22% | 2,321,000,000 ACR |
> 5,100 ACR | 25% | 2,454,000,000 ACR |
> 5,400 ACR | 28% | 2,650,000,000 ACR |
> 5,700 ACR | 31% | 2,719,000,000 ACR |
> 6,000 ACR | 34% | 2,825,000,000 ACR |
> 6,300 ACR | 37% | 2,964,000,000 ACR |
> 6,600 ACR | 40% | 2,954,000,000 ACR |
> 6,900 ACR | 43% | 2,907,000,000 ACR |
> 7,200 ACR | 46% | 2,899,000,000 ACR |
> 7,500 ACR | 49% | 2,622,000,000 ACR |
> 7,800 ACR | 52% | 2,710,000,000 ACR |
> 8,100 ACR | 55% | 2,818,000,000 ACR |
> 8,400 ACR | 58% | 2,858,000,000 ACR |
> 8,700 ACR | 61% | 2,849,000,000 ACR |
> 9,000 ACR | 64% | 2,822,000,000 ACR |
> 9,300 ACR | 67% | 2,847,000,000 ACR |
> 9,600 ACR | 70% | 2,818,000,000 ACR |
> 9,900 ACR | 73% | 2,634,000,000 ACR |
> 10,200 ACR | 76% | 2,451,000,000 ACR |
> 10,500 ACR | 79% | 2,312,000,000 ACR |
> 10,800 ACR | 82% | 1,990,000,000 ACR |
> 11,100 ACR | 85% | 1,740,000,000 ACR |
> 11,400 ACR | 88% | 1,626,000,000 ACR |
> 11,700 ACR | 91% | 1,681,000,000 ACR |
> 12,000 ACR | 94% | 1,689,000,000 ACR |
> 12,300 ACR | 97% | 22,241,000,000 ACR | Total | 94,343,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||
yes |
Total Seats: 249 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 0 |
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