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Bill: Income tax proposal of January 3102
Details
Submitted by[?]: Christian Democratic Party
Status[?]: passed
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: March 3103
Description[?]:
| The Christian Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Aloria. |
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 |
| > 1,000 ALO | 1% | 882,000,000 ALO |
| > 2,500 ALO | 5% | 7,017,000,000 ALO |
| > 5,000 ALO | 10% | 9,112,000,000 ALO |
| > 7,500 ALO | 15% | 8,557,000,000 ALO |
| > 10,000 ALO | 20% | 6,211,000,000 ALO |
| > 12,500 ALO | 25% | 5,138,000,000 ALO |
| > 15,000 ALO | 30% | 5,317,000,000 ALO |
| > 17,500 ALO | 35% | 3,601,000,000 ALO |
| > 20,000 ALO | 40% | 2,083,000,000 ALO |
| > 22,500 ALO | 45% | 871,000,000 ALO |
| > 25,000 ALO | 50% | 975,000,000 ALO | Total | 49,764,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 05:29:59, April 07, 2011 CET | From | Christian Democratic Party | To | Debating the Income tax proposal of January 3102 |
| Message | Yes, no , maybe? Just throwing this out for some talk. We played around with putting in between level taxes. Generally across the board, we increased taxes. While this goes against what we wanted to do, this tax system would provide us with a good surplus, that would allow us to deal with the current crisis and any future events. We are not fully sure on on this, but we throw this out as an alternative to the Labour's tax proposal, that really does nothing to help solve the budget shortfall but rather raises the taxes on the rich. |
| Date | 05:34:43, April 07, 2011 CET | From | New Aloria Party (NAP) | To | Debating the Income tax proposal of January 3102 |
| Message | You should condsce it down to less tax brackets |
| Date | 05:36:17, April 07, 2011 CET | From | New Aloria Party (NAP) | To | Debating the Income tax proposal of January 3102 |
| Message | I would suggest getting rid of brackets 7,500 12,500 17,500 22,500 |
| Date | 05:44:40, April 07, 2011 CET | From | Christian Democratic Party | To | Debating the Income tax proposal of January 3102 |
| Message | No one ever said taxes couldn't be messy. This change would leave us still short of being balanced. |
| Date | 07:50:01, April 07, 2011 CET | From | Labour Party | To | Debating the Income tax proposal of January 3102 |
| Message | I could vote for this one, however if we are still in the red, you can always increase the taxes on companies, luxury taxes etc |
| Date | 15:48:07, April 07, 2011 CET | From | Christian Democratic Party | To | Debating the Income tax proposal of January 3102 |
| Message | With the current budget, this would put us back into the black, for now. Something is very troubling with the economy right now. |
| Date | 23:58:29, April 07, 2011 CET | From | New Aloria Party (NAP) | To | Debating the Income tax proposal of January 3102 |
| Message | We can support it but we still need to cut spending, I would like the LP to contrubite what the think that we are cutting is going to hurt people. |
| Date | 04:40:07, April 08, 2011 CET | From | Christian Democratic Party | To | Debating the Income tax proposal of January 3102 |
| Message | Moving this forward. We will need the surplus for now, until we can fix the economy. |
| Date | 08:35:22, April 08, 2011 CET | From | Labour Party | To | Debating the Income tax proposal of January 3102 |
| Message | OOC: PP I cannot contribute as the same time as you do as you know the time difference between our respective countries so I do put my five pence in always but I cannot do it at the same time as you do. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 459 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 291 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "Conservatives define themselves in terms of what they oppose." - George Will |