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Bill: Income tax proposal of November 3050
Details
Submitted by[?]: Aldegar Civic Forum
Status[?]: defeated
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: July 3051
Description[?]:
The Popular Alliance propose to adjust the government's income tax policy to better address the economic situation of the Third Nation of Aldegar. |
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 |
> 1,500 ACR | 3% | 1,679,000,000 ACR |
> 2,500 ACR | 5% | 3,890,000,000 ACR |
> 4,000 ACR | 7% | 2,754,000,000 ACR |
> 5,000 ACR | 10% | 6,819,000,000 ACR |
> 7,500 ACR | 15% | 5,877,000,000 ACR |
> 10,000 ACR | 20% | 3,321,000,000 ACR |
> 12,000 ACR | 25% | 3,821,000,000 ACR |
> 15,000 ACR | 30% | 2,806,000,000 ACR | Total | 30,967,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||
yes |
Total Seats: 29 | |||
no | Total Seats: 110 | |||
abstain | Total Seats: 60 |
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