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Bill: Tax proposal of September 3643
Details
Submitted by[?]: Wildrose Alliance
Status[?]: defeated
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: October 3644
Description[?]:
| The Wildrose Alliance propose to adjust the government's 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:: 50
Current: 5
Proposed: 8
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 |
| > 100 ALO | 10% | 5,292,000,000 ALO |
| > 1,000 ALO | 15% | 8,821,000,000 ALO |
| > 2,000 ALO | 20% | 33,941,000,000 ALO |
| > 5,000 ALO | 25% | 37,010,000,000 ALO |
| > 10,000 ALO | 30% | 26,584,000,000 ALO | Total | 111,648,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 01:53:04, March 31, 2014 CET | From | Aloria Liberal Party | To | Debating the Tax proposal of September 3643 |
| Message | i'm agree with the idea, mean we would add the possibility to reduce taxes for the income of 12.500 ALO to up ,of that form Bracket Tax >12.500 ALO 35% >15.000 ALO 40% >18.000 ALO 45% >20.000 ALO 50% |
| Date | 02:11:09, March 31, 2014 CET | From | Wildrose Alliance | To | Debating the Tax proposal of September 3643 |
| Message | We can't support an effective tax rate higher than 40% for any income bracket. We would possibly agree to 40% as a maximum, but don't think it is necessary. We can more than fund what we need to with the current system. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 92 | ||
| no |
Total Seats: 125 | ||
| abstain | Total Seats: 58 |
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