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Bill: Income tax proposal of December 3721
Details
Submitted by[?]: Labor 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: August 3722
Description[?]:
| This new tax revenue system will allow for a base of tax payers, while lowering the top rates. |
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 ALO | 11% | 16,175,000,000 ALO |
| > 2,500 ALO | 21% | 18,478,000,000 ALO |
| > 4,000 ALO | 27% | 19,961,000,000 ALO |
| > 5,500 ALO | 36% | 25,061,000,000 ALO |
| > 7,500 ALO | 37% | 27,031,000,000 ALO |
| > 11,000 ALO | 39% | 28,354,000,000 ALO | Total | 135,060,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 15:35:15, September 02, 2014 CET | From | Liberal Republican Party | To | Debating the Income tax proposal of December 3721 |
| Message | I know we have a deficit but we should reduce our expenses not raise taxes |
| Date | 15:56:12, September 02, 2014 CET | From | Liberal Republican Party | To | Debating the Income tax proposal of December 3721 |
| Message | With all respect, are you crazy? 11%tax for 1ALO. |
| Date | 03:55:43, September 03, 2014 CET | From | Alorian Front Party | To | Debating the Income tax proposal of December 3721 |
| Message | The distribution of taxes throughout this bracket is really unfair.The low tier of this bracket is respectfully giving away more of there hard earn money to taxes than the rich.We need to make this equal,and i think lowering taxes may help out. |
| Date | 05:01:53, September 03, 2014 CET | From | United Conservative Party | To | Debating the Income tax proposal of December 3721 |
| Message | I agree with the LFP. Reducing expenses is what we must do. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 311 | |||
| no | Total Seats: 187 | |||
| abstain | Total Seats: 0 |
| Random fact: There are two countries based on Egypt in the game. Cobura is based on modern Egypt with a retro twist, while Hawu Mumenhes is based on Ancient Egypt with a modernist twist. |
| Random quote: "Those who say religion has nothing to do with politics do not know what religion is." - Mahatma Gandhi |