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Bill: Income tax proposal of March 3668 (Flat Tax Proposal)
Details
Submitted by[?]: National People's Front (NPF)
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: May 3669
Description[?]:
| The Federalist Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Aloria. A flat tax of 22%. (Nobody will ever have to pay the ridiculous amount of 30% tax) (Increases from 104,223,326,135 ALO to 105,352,000,000 ALO) We had high taxes like these, > 5,000 ALO 25% 31,803,562,275 ALO > 9,000 ALO 30% 32,878,611,417 ALO But now a normal reasonable tax of 22% |
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 |
| > 500 ALO | 10% | 2,940,000,000 ALO |
| > 1,000 ALO | 22% | 102,335,000,000 ALO | Total | 105,275,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 02:11:13, May 21, 2014 CET | From | New Aloria Party (NAP) | To | Debating the Income tax proposal of March 3668 (Flat Tax Proposal) |
| Message | I just don't know like having the bracket starting at 500. I do like the idea of flat tax and like it brings in more revenue. Will need to think about this, will vote soon. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 300 | |||
| no |
Total Seats: 100 | |||
| abstain | Total Seats: 0 |
| Random fact: When your party holds the foreign affairs department, you can create new treaties. However, before writing anything new, it is a good idea to search for existing treaties which already accomplish what you desire. |
| Random quote: "Cruel leaders are replaced only to have new leaders turn cruel." - Ernesto "Che" Guevara |