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Bill: Income tax proposal of February 3162
Details
Submitted by[?]: United National Party
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: October 3162
Description[?]:
| The United National Party 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 | 3% | 946,000,000 ACR |
| > 6,000 ACR | 8% | 2,086,000,000 ACR |
| > 7,000 ACR | 12% | 2,346,000,000 ACR |
| > 8,000 ACR | 18% | 2,965,000,000 ACR |
| > 9,000 ACR | 25% | 3,495,000,000 ACR |
| > 10,000 ACR | 30% | 3,038,000,000 ACR |
| > 11,000 ACR | 35% | 2,282,000,000 ACR |
| > 12,000 ACR | 50% | 2,807,000,000 ACR |
| > 13,000 ACR | 53% | 2,667,000,000 ACR |
| > 14,000 ACR | 60% | 2,808,000,000 ACR |
| > 15,000 ACR | 65% | 2,488,000,000 ACR |
| > 16,000 ACR | 70% | 3,894,000,000 ACR | Total | 31,822,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
| Date | 11:16:11, August 06, 2011 CET | From | People's Party - Republican Democrats | To | Debating the Income tax proposal of February 3162 |
| Message | What exactly is the purpose of this proposal? The difference in revenue is marginal, and we would leave the path of gradual progression in favour of arbitrary jumps at various points, especially pronounced at 12,000 ACR. |
| Date | 13:41:24, August 08, 2011 CET | From | United National Party | To | Debating the Income tax proposal of February 3162 |
| Message | it is to provide the poor with a more favourable tax rate.to make sure our revenue doesn't decrease too much i have increased the tax rate of the rich. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 58 | ||
| no | Total Seats: 141 | ||
| abstain | Total Seats: 0 |
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