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Bill: Income tax proposal of January 3408
Details
Submitted by[?]: Alorian Democrat Party
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: October 3408
Description[?]:
| The Alorian Democrat Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Aloria. lf we pass my spending bill, these tax cuts will leave us with a surplus |
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 |
| > 2,000 ALO | 10% | 8,809,000,000 ALO |
| > 3,500 ALO | 15% | 23,685,000,000 ALO |
| > 7,000 ALO | 20% | 21,361,000,000 ALO |
| > 13,000 ALO | 25% | 11,017,000,000 ALO |
| > 20,000 ALO | 35% | 2,496,000,000 ALO |
| > 25,000 ALO | 40% | 778,000,000 ALO | Total | 68,146,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 117 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 97 |
| Random fact: Head to the "Language assistance" thread to receive and offer help with translations: http://forum.particracy.net/viewtopic.php?f=5&t=6368 |
| Random quote: "I reject the cynical view that politics is a dirty business." - Richard M. Nixon |