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Bill: Income tax proposal of April 3501
Details
Submitted by[?]: Liberal National 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: December 3501
Description[?]:
| The Liberal Party of Alduria propose to adjust the government's income tax policy to better address the economic situation of the Alduria. Income Taxes Bracket Tax Revenue > 5,000 ALD 5% 15,791,034,320 ALD > 10,500 ALD 10% 47,277,471,757 ALD > 20,000 ALD 15% 75,469,180,956 ALD > 40,000 ALD 20% 41,908,841,749 ALD This will have everyone in the nation paying the fair share a national income tax of 15% on all classes of rich or poor everyone will pay the same in income taxes. |
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 ALD | 12% | 214,390,000,000 ALD | Total | 214,390,000,000 ALD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 343 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 209 |
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