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Bill: Income tax proposal of October 3418
Details
Submitted by[?]: Alorian Freedom 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 not pass any sooner than the deadline.
Voting deadline: June 3419
Description[?]:
The Alorian Freedom Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Aloria. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 13
Current: 5
Proposed: 10
Article 2
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 | 15% | 13,212,000,000 ALO |
> 3,500 ALO | 15% | 23,684,000,000 ALO |
> 7,000 ALO | 16% | 17,086,000,000 ALO |
> 13,000 ALO | 16% | 7,052,000,000 ALO |
> 20,000 ALO | 16% | 1,144,000,000 ALO |
> 25,000 ALO | 16% | 312,000,000 ALO | Total | 62,490,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 16:32:10, December 30, 2012 CET | From | Alorian Freedom Party | To | Debating the Income tax proposal of October 3418 |
Message | "Our goal is that income taxes should be at most 10% for every man and women in Aloria before the next election. This is our first step, but not our last" Susi von Engelbrecht, Ministry of Finance |
Date | 17:39:44, December 30, 2012 CET | From | Confederate Party | To | Debating the Income tax proposal of October 3418 |
Message | We strongly agree with this tax plan and believe this is most definitely a better income tax balance. |
Date | 21:43:22, December 30, 2012 CET | From | Alorian Independent Party | To | Debating the Income tax proposal of October 3418 |
Message | We see tax cuts went to the rich and the middle class, however you a proposing a tax hike on the lowest income in the table. Also by adding up all of the revune from income and the other sources it shows if I'm correct we may only have a 2 to 3 billion dollar surplus, and we believe we need to have a healthy surplus put away for rainy days. We want to give tax cuts as much as everyone else but, we need to make sure the nations fiscal house stays in order. |
Date | 22:24:51, December 30, 2012 CET | From | Alorian Freedom Party | To | Debating the Income tax proposal of October 3418 |
Message | "Alorian Independent Party, our goal is flat tax, equal tax for everyone. And this tax reform is a good start, but not enough of course. Before the budget proposal we had about 500.000.000 ALO surplus and now we have 6.500.000.000 ALO. This new tax policy cost almost all surplus, as we promised, but we will have a good marginal left . And 15% is just the beginning, our goal is 10% for every man and women. So for the people with lowest income, this is just temporary." |
Date | 22:52:39, December 30, 2012 CET | From | Alorian Independent Party | To | Debating the Income tax proposal of October 3418 |
Message | Now when you lower the tax closer to your goal next time what about the surplus then? Are you going to address the budget? We just want to make sure we don't have Aloria going into debt. |
Date | 05:48:12, December 31, 2012 CET | From | Alorian Democrat Party | To | Debating the Income tax proposal of October 3418 |
Message | I agree with AIP... How will we keep the surplus with your proposed tax cuts to 10%? I also think we need a system where the rich pay more tax! |
Date | 21:35:47, December 31, 2012 CET | From | New Latin Party | To | Debating the Income tax proposal of October 3418 |
Message | The fat-cat Dundorfian do not deserve any more privilege than the rest of us. It is simple math really. If I make 2,000 ALOs, and lose 200 of it, then I have 1800 for food, shelter, and other accommodations. If a Dundorfian makes 20,000, and pays 2,000, then they have thousands of extra ALOs that could be used to upbring the Latin Alorians. I deny this bill. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 130 | ||||
no | Total Seats: 72 | ||||
abstain | Total Seats: 48 |
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