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Bill: Income tax proposal of September 3229
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: May 3230
Description[?]:
| The People's Party of Aldegar - The Liberals 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 |
| > 5,300 ACR | 1% | 64,000,000 ACR |
| > 5,500 ACR | 2% | 125,000,000 ACR |
| > 5,700 ACR | 3% | 176,000,000 ACR |
| > 5,900 ACR | 4% | 227,000,000 ACR |
| > 6,100 ACR | 5% | 275,000,000 ACR |
| > 6,300 ACR | 6% | 324,000,000 ACR |
| > 6,500 ACR | 7% | 361,000,000 ACR |
| > 6,700 ACR | 8% | 386,000,000 ACR |
| > 6,900 ACR | 9% | 411,000,000 ACR |
| > 7,100 ACR | 10% | 433,000,000 ACR |
| > 7,300 ACR | 11% | 456,000,000 ACR |
| > 7,500 ACR | 12% | 433,000,000 ACR |
| > 7,700 ACR | 13% | 451,000,000 ACR |
| > 7,900 ACR | 14% | 486,000,000 ACR |
| > 8,100 ACR | 15% | 516,000,000 ACR |
| > 8,300 ACR | 16% | 537,000,000 ACR |
| > 8,500 ACR | 17% | 551,000,000 ACR |
| > 8,700 ACR | 18% | 564,000,000 ACR |
| > 8,900 ACR | 19% | 575,000,000 ACR |
| > 9,100 ACR | 20% | 582,000,000 ACR |
| > 9,300 ACR | 21% | 600,000,000 ACR |
| > 9,500 ACR | 22% | 601,000,000 ACR |
| > 9,700 ACR | 23% | 616,000,000 ACR |
| > 9,900 ACR | 24% | 596,000,000 ACR |
| > 10,100 ACR | 25% | 560,000,000 ACR |
| > 10,300 ACR | 26% | 546,000,000 ACR |
| > 10,500 ACR | 27% | 543,000,000 ACR |
| > 10,700 ACR | 28% | 491,000,000 ACR |
| > 10,900 ACR | 29% | 460,000,000 ACR |
| > 11,100 ACR | 30% | 412,000,000 ACR |
| > 11,300 ACR | 31% | 399,000,000 ACR |
| > 11,500 ACR | 32% | 393,000,000 ACR |
| > 11,700 ACR | 33% | 406,000,000 ACR |
| > 11,900 ACR | 34% | 418,000,000 ACR |
| > 12,100 ACR | 35% | 413,000,000 ACR |
| > 12,300 ACR | 36% | 403,000,000 ACR |
| > 12,500 ACR | 37% | 414,000,000 ACR |
| > 12,700 ACR | 38% | 407,000,000 ACR |
| > 12,900 ACR | 39% | 392,000,000 ACR |
| > 13,100 ACR | 40% | 402,000,000 ACR |
| > 13,300 ACR | 41% | 412,000,000 ACR |
| > 13,500 ACR | 42% | 422,000,000 ACR |
| > 13,700 ACR | 43% | 432,000,000 ACR |
| > 13,900 ACR | 44% | 442,000,000 ACR |
| > 14,100 ACR | 45% | 452,000,000 ACR |
| > 14,300 ACR | 46% | 463,000,000 ACR |
| > 14,500 ACR | 47% | 446,000,000 ACR |
| > 14,700 ACR | 48% | 394,000,000 ACR |
| > 14,900 ACR | 49% | 384,000,000 ACR |
| > 15,100 ACR | 50% | 391,000,000 ACR |
| > 15,300 ACR | 51% | 399,000,000 ACR |
| > 15,500 ACR | 52% | 407,000,000 ACR |
| > 15,700 ACR | 53% | 396,000,000 ACR |
| > 15,900 ACR | 54% | 314,000,000 ACR |
| > 16,100 ACR | 55% | 245,000,000 ACR |
| > 16,300 ACR | 56% | 250,000,000 ACR |
| > 16,500 ACR | 57% | 254,000,000 ACR |
| > 16,700 ACR | 58% | 2,307,000,000 ACR | Total | 26,215,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
| Date | 14:56:05, December 18, 2011 CET | From | Conservative Reformist Party | To | Debating the Income tax proposal of September 3229 |
| Message | Babysteps, but it's an improvement. |
| Date | 17:12:46, December 18, 2011 CET | From | People's Party - Republican Democrats | To | Debating the Income tax proposal of September 3229 |
| Message | It's called a long-term gradualist strategy, in contrast to the short-sighted actionism the CRP is promoting. We're implementing tax cuts when they're feasible and only as far as they do not drive the country either into a permanent deficit or into a reduction of GDP, which the CRP seems to be so fond of. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 115 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 60 |
| Random fact: Terra, the fictional world in which Particracy is set, consists of 8 continents: Artania, Dovani, Keris, Makon, Majatra, Seleya, Temania and Vascania. |
| Random quote: "The true destiny of America is religious, not political: it is spiritual, not physical." - Alvin R. Dyer |