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Bill: Income tax proposal of January 3559
Details
Submitted by[?]: Socialist 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: March 3560
Description[?]:
| The Socialist Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Aldegar. |
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 ACR | 11% | 15,227,000,000 ACR |
| > 3,500 ACR | 21% | 13,160,000,000 ACR |
| > 5,000 ACR | 30% | 19,212,000,000 ACR |
| > 7,300 ACR | 43% | 18,640,000,000 ACR |
| > 10,000 ACR | 50% | 15,960,000,000 ACR |
| > 15,000 ACR | 58% | 5,441,000,000 ACR | Total | 87,640,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
| Date | 20:56:18, October 10, 2013 CET | From | Socialist Party | To | Debating the Income tax proposal of January 3559 |
| Message | we can improve the life quality of the poorest peopple by placing a new bracket in taxation on richer peopple. |
| Date | 21:20:41, October 10, 2013 CET | From | Free Market Party | To | Debating the Income tax proposal of January 3559 |
| Message | We need some time to think about this.While we agree we also believe that such heavy taxation will do nothing but harm to our economy,so then the middle class will suffer. |
| Date | 22:41:05, October 10, 2013 CET | From | The National Front (NF) | To | Debating the Income tax proposal of January 3559 |
| Message | The National Front believes that these rates are far too high for each bracket; 50% of one's income should be the uppermost limit. As it stands, we do not provide enough services to the nation to justify such hikes in rates. |
| Date | 00:33:33, October 11, 2013 CET | From | Socialist Party | To | Debating the Income tax proposal of January 3559 |
| Message | this proposal is a step on equality, we need to give a better life to poorest peopple |
| Date | 07:19:15, October 11, 2013 CET | From | Free Market Party | To | Debating the Income tax proposal of January 3559 |
| Message | You call taking 58% of someone's income equality? While I understand your ideology,this is extremely high. We support the proposed 50% as maximum,proposed by the National Front |
| Date | 21:13:08, October 11, 2013 CET | From | The National Front (NF) | To | Debating the Income tax proposal of January 3559 |
| Message | This will not inspire equality, but would rather cripple the greater makeup of our income distribution structure. We are asking too much from each bracket. This tax is simply unfair. We, as a party, wholly believe in the prospect of greater equality for our nation, but this is not the way to do it. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 230 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: "You will win, but you will not convince. You will win, because you possess more than enough brute force, but you will not convince, because to convince means to persuade. And in order to persuade you would need what you lack, reason and right in the struggle." - Miguel de Unamuno |