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Bill: Competitive Aldegar Tax Reform Proposal
Details
Submitted by[?]: Ducal Delegation
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 2147
Description[?]:
| At 40%, our current highest rate of income tax is ludicrously high, driving talented people abroad. This revenue-neutral proposal will introduce a simple, 'flat rate' tax of 30% for everyone above 3400 ACR, taking the poorest out of the tax bracket altogether whilst giving the high-fliers an incentive to work harder. Percy Waterman (Personal Secretary to the Grand Duke of Hikirena and President 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 |
| > 3,400 ACR | 30% | 64,779,000,000 ACR | Total | 64,779,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
| Date | 14:12:56, November 27, 2005 CET | From | Fenner Brockway Socialist Party | To | Debating the Competitive Aldegar Tax Reform Proposal |
| Message | As we said before, this would mean a very large number of poor-to-middling citizens paying vastly more tax than previously. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 188 | ||||
| no |
Total Seats: 282 | ||||
| abstain |
Total Seats: 31 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "I worked at a factory owned by Germans, at coal pits owned by Frenchmen, and at a chemical plant owned by Belgians. There I discovered something about capitalists. They are all alike, whatever the nationality. All they wanted from me was the most work for the least money that kept me alive. So I became a communist." - Nikita Khrushchev |