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Bill: Income tax proposal of February 3755
Details
Submitted by[?]: Labor Party
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 3755
Description[?]:
| The Labor Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Aloria. Estimated Total Revenue: ~10 Billion Dollars |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 15
Proposed: 2
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 |
| > 2,000 ALO | 21% | 24,620,000,000 ALO |
| > 4,000 ALO | 27% | 17,117,000,000 ALO |
| > 5,250 ALO | 37% | 28,559,000,000 ALO |
| > 7,400 ALO | 38% | 40,826,000,000 ALO |
| > 14,500 ALO | 39% | 15,941,000,000 ALO | Total | 127,063,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 02:35:36, November 08, 2014 CET | From | Alorian Reform Movement | To | Debating the Income tax proposal of February 3755 |
| Message | Oppose because of raised taxes on lower and middle class, even if it does bring in more money for the government |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 85 | |||
| no | Total Seats: 213 | |||
| abstain | Total Seats: 202 |
| Random fact: Unless otherwise stated, monarchs and their royal houses will be presumed to be owned by the player who introduced the bill appointing them to their position. |
| Random quote: "I'll see you in the Palace in Kivonia once we win this war... and I'm ecstatic to be the one to execute you. Sleep well." - Queen Annalise, former Telamonese monarch |