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Bill: Income tax proposal of May 2999
Details
Status[?]: defeated
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 3001
Description[?]:
| The Tea Party propose to adjust the government's income tax policy to better address the economic situation of the Republica Federativa de Aloria. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 5
Proposed: 10
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 15
Proposed: 3
Article 3
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 |
| > 500 ALO | 15% | 72,862,000,000 ALO |
| > 20,000 ALO | 20% | 1,817,000,000 ALO | Total | 74,679,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 113 | ||
| no |
Total Seats: 137 | ||
| abstain | Total Seats: 0 |
| Random fact: Players who deliberately attempt to present a misleading picture of the nation's current RP laws will be subject to sanction. |
| Random quote: "I'm not interested in preserving the status quo; I want to overthrow it." - Niccolo Machiavelli |