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Bill: Income tax proposal of August 3117
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: April 3118
Description[?]:
The People's Party - Moderate Democrats propose to adjust the government's income tax policy to better address the economic situation of the Third Republic 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 |
> 5,000 ACR | 5% | 1,572,000,000 ACR |
> 6,000 ACR | 10% | 2,599,000,000 ACR |
> 7,000 ACR | 15% | 2,923,000,000 ACR |
> 8,000 ACR | 20% | 3,284,000,000 ACR |
> 9,000 ACR | 25% | 3,484,000,000 ACR |
> 10,000 ACR | 30% | 3,028,000,000 ACR |
> 11,000 ACR | 35% | 2,276,000,000 ACR |
> 12,000 ACR | 40% | 2,239,000,000 ACR |
> 13,000 ACR | 45% | 2,259,000,000 ACR |
> 14,000 ACR | 50% | 2,334,000,000 ACR |
> 15,000 ACR | 55% | 2,099,000,000 ACR |
> 16,000 ACR | 60% | 3,333,000,000 ACR | Total | 31,430,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||
yes | Total Seats: 136 | ||
no | Total Seats: 0 | ||
abstain |
Total Seats: 63 |
Random fact: All role-play must respect the established cultural background in Culturally Protected nations. |
Random quote: "We are told that this is an odious and unpopular tax. I never knew a tax that was not odious and unpopular with the people who paid it." - John Sherman |