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Bill: Income tax proposal of December 3824
Details
Submitted by[?]: Liberal Party (Plaid Ryddfrydol)
Status[?]: defeated
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 3825
Description[?]:
The Aloria National Party 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 |
> 1,800 ALO | 20% | 23,492,000,000 ALO |
> 3,800 ALO | 26% | 25,357,000,000 ALO |
> 5,800 ALO | 31% | 11,386,000,000 ALO |
> 6,800 ALO | 35% | 11,665,000,000 ALO |
> 8,000 ALO | 36% | 16,002,000,000 ALO |
> 10,000 ALO | 37% | 9,772,000,000 ALO |
> 12,000 ALO | 40% | 3,617,000,000 ALO |
> 13,000 ALO | 43% | 22,881,000,000 ALO | Total | 124,172,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 19:58:47, April 02, 2015 CET | From | New Aloria Party (NAP) | To | Debating the Income tax proposal of December 3824 |
Message | We will support but we do have a concern with the tax increase of 4 percent on the 3800 bracket. and the 2% increase on the 1800 bracket concerned us. We however support the elimination of the lowest bracket like you did. |
Date | 22:22:49, April 02, 2015 CET | From | Cynnydd | To | Debating the Income tax proposal of December 3824 |
Message | Mr Speaker, Even though we fully support the elimination of the bracket we can't support this bill since we don't believe that tax cuts to the richest citizens should be financed by tax hikes to the lower middle class. Trystan Wigley Party Leader of Cynnydd Progress MP, LlanymĂ´r, Sildar |
Date | 22:28:16, April 02, 2015 CET | From | Liberal Party (Plaid Ryddfrydol) | To | Debating the Income tax proposal of December 3824 |
Message | You can see that the top bracket of tax payers actually pay 18% of the total income from tax, as they pay only 7% short of half their income. |
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Voting
Vote | Seats | |||||
yes | Total Seats: 227 | |||||
no |
Total Seats: 293 | |||||
abstain |
Total Seats: 25 |
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