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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: 25
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% | 5,289,000,000 ALO |
> 1,000 ALO | 15% | 8,815,000,000 ALO |
> 2,000 ALO | 20% | 33,919,000,000 ALO |
> 5,000 ALO | 25% | 36,986,000,000 ALO |
> 10,000 ALO | 30% | 26,569,000,000 ALO | Total | 111,578,000,000 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 |
Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
Random quote: "Since a politician never believes what he says, he is quite surprised to be taken at his word." Charles De Gaulle (1890 - 1970) |