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Bill: Income tax proposal of May 3211
Details
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: January 3212
Description[?]:
The Tea 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 |
> 5,000 ALO | 20% | 39,938,000,000 ALO |
> 15,000 ALO | 30% | 11,119,000,000 ALO | Total | 51,057,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 22:38:25, November 11, 2011 CET | From | Tea Party | To | Debating the Income tax proposal of May 3211 |
Message | This proposal will take the poorest out of taxation altogether. It retains the tax bracket for those earning between 5,000-15,000 ALO, and allows social mobility by having a flat tax percentage of 30% for those earning 15,000 ALO or more. |
Date | 22:39:19, November 11, 2011 CET | From | Tea Party | To | Debating the Income tax proposal of May 3211 |
Message | Tax cuts will be funded by budget cuts which will be proposed if this proposal passes. Following the privatisation of education and health the budget needs to be drastically reduced. |
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Voting
Vote | Seats | |||
yes |
Total Seats: 418 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 307 |
Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
Random quote: "It is the mark of an educated mind to be able to entertain a thought without accepting it." - Aristotle |