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Bill: Income tax proposal of August 3516
Details
Submitted by[?]: Independence 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: April 3517
Description[?]:
| The Independence Party propose to adjust the government's income tax policy to better address the economic situation of the Allied States of Aloria. |
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 |
| > 3,000 ALO | 5% | 4,297,000,000 ALO |
| > 4,500 ALO | 10% | 10,136,000,000 ALO |
| > 7,000 ALO | 15% | 18,437,000,000 ALO |
| > 15,000 ALO | 20% | 5,595,000,000 ALO |
| > 20,000 ALO | 25% | 2,273,000,000 ALO | Total | 40,738,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 14:17:47, July 17, 2013 CET | From | Socialist Alliance | To | Debating the Income tax proposal of August 3516 |
| Message | This budget is economically irresponsible. You will eliminate the surplus and put the country into massive debt overnight. |
| Date | 14:49:53, July 17, 2013 CET | From | Independence Party | To | Debating the Income tax proposal of August 3516 |
| Message | It will be balanced by spending cuts. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 440 | ||
| no |
Total Seats: 310 | ||
| abstain |
Total Seats: 0 |
| Random fact: The voters enjoy active parties who take upon themselves the initiative to create laws. |
| Random quote: "Hence it comes about that all armed Prophets have been victorious, and all unarmed Prophets have been destroyed." - Niccolo Machiavelli |