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Bill: Income tax proposal of March 3488
Details
Submitted by[?]: Impériale Avant-garde d'Alduria
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: February 3489
Description[?]:
| The Alduria Nationalist Party propose to adjust the government's income tax policy to better address the economic situation of the Alduria. |
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 |
| > 1,000 ALD | 5% | 11,509,000,000 ALD |
| > 5,000 ALD | 10% | 31,650,000,000 ALD |
| > 10,500 ALD | 20% | 94,766,000,000 ALD |
| > 20,000 ALD | 30% | 151,249,000,000 ALD |
| > 40,000 ALD | 40% | 83,972,000,000 ALD | Total | 373,146,000,000 ALD |
Debate
These messages have been posted to debate on this bill:
| Date | 05:15:28, May 21, 2013 CET | From | Progress Party | To | Debating the Income tax proposal of March 3488 |
| Message | Monsieur le président, I must be clear that this party absolutely does not support such high tax rates on middle-class families, or the 40% tax threshold. Nonetheless, we recognise this restructuring of the system provides vital tax relief for lower class families and also eases the burden on the lower middle classes. For this reason, though we are committed to lowering overall levels of taxation, we will agree to back this income tax proposal. Namo Camus Leader of the Progress Party |
| Date | 15:25:39, May 21, 2013 CET | From | Impériale Avant-garde d'Alduria | To | Debating the Income tax proposal of March 3488 |
| Message | Honorable Speaker, We are glad to see the Progress Party accept this proposal, and hope that in due time we may be able to lower the taxes over time. We feel that at this point and time we are in need of tax revenue to get out of the accumulated debt and bring us into a good standing surplus. Merlin Schulz President of Alduria Chairman of ANP |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 531 | ||
| no | Total Seats: 71 | ||
| abstain | Total Seats: 13 |
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