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Bill: Income tax proposal of June 3820
Details
Submitted by[?]: New Aloria Party (NAP)
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: March 3821
Description[?]:
| The New Aloria Party (NAP) propose to adjust the government's income tax policy to better address the economic situation of the Republic of Aloria. |
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 |
| > 850 ALO | 7% | 4,731,000,000 ALO |
| > 2,000 ALO | 18% | 21,108,000,000 ALO |
| > 4,000 ALO | 23% | 21,581,000,000 ALO |
| > 6,000 ALO | 32% | 11,221,000,000 ALO |
| > 7,000 ALO | 35% | 9,453,000,000 ALO |
| > 8,000 ALO | 37% | 16,430,000,000 ALO |
| > 10,000 ALO | 39% | 10,289,000,000 ALO |
| > 12,000 ALO | 42% | 7,302,000,000 ALO |
| > 14,000 ALO | 43% | 19,269,000,000 ALO | Total | 121,384,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 290 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 246 |
| Random fact: It usually takes up to an hour for election results to generate. During this time, the "Next Election" date is put forward a month, which is confusing. Do not worry! In a short time, the election result will generate and the "Next Election" date will then correct itself. |
| Random quote: "We never know the worth of water 'til the well is dry." - Thomas Fuller |