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Bill: Income tax proposal of March 3821
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 3822
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. -Changes the income brackets and reduce the 3800 tax from 23 to 22 This brings in more revenue and may offset budget cuts deemed too critical by the Senate. |
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% | 3,908,000,000 ALO |
| > 1,800 ALO | 18% | 21,137,000,000 ALO |
| > 3,800 ALO | 22% | 21,450,000,000 ALO |
| > 5,800 ALO | 32% | 11,745,000,000 ALO |
| > 6,800 ALO | 35% | 11,655,000,000 ALO |
| > 8,000 ALO | 37% | 16,430,000,000 ALO |
| > 10,000 ALO | 39% | 10,289,000,000 ALO |
| > 12,000 ALO | 42% | 3,795,000,000 ALO |
| > 13,000 ALO | 43% | 22,860,000,000 ALO | Total | 123,269,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 18:35:30, March 26, 2015 CET | From |  Conservative Party | To | Debating the Income tax proposal of March 3821 |
| Message | The ANP support a flat income tax to not tax wealthy, successful people unfairly. |
| Date | 21:30:20, March 26, 2015 CET | From | New Aloria Party (NAP) | To | Debating the Income tax proposal of March 3821 |
| Message | We've looked at putting a flat tax however it does not seem to bring in enough revenue for critical government services. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 389 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 147 |
| Random fact: Discuss flag designs at the Flag Designs thread: http://forum.particracy.net/viewtopic.php?f=5&t=37 |
| Random quote: "I don't believe you need to be bitch to succeed in business" - Lucinda Redwood, former Luthorian-Dorvish businesswoman |