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Bill: Taxation Act March 3264
Details
Submitted by[?]: Conservatives and Reformists
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: December 3264
Description[?]:
The Conservatives and Reformists propose to adjust the government's tax policy to better address the economic situation of the Democratic Republic of Aloria. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 10
Current: 15
Proposed: 12
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 12
Current: 25
Proposed: 13
Article 3
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 |
> 3,000 ALO | 9% | 13,707,000,000 ALO |
> 6,000 ALO | 18% | 28,448,000,000 ALO |
> 15,000 ALO | 20% | 6,640,000,000 ALO |
> 22,500 ALO | 22% | 492,000,000 ALO |
> 25,500 ALO | 24% | 315,000,000 ALO |
> 27,700 ALO | 26% | 88,000,000 ALO | Total | 49,690,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 744 | |
no | Total Seats: 0 | |
abstain | Total Seats: 1 |
Random fact: "Kubrk" is a Jelbic word that has the colloquial meaning "old man" or "geezer". |
Random quote: "Someone who wields power in name only can never compete with those who wield it through action." - Franz Reichert, former Luthorian politician |