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Bill: Income tax proposal of May 3864
Details
Submitted by[?]: ALORIAN NATIONAL CONGRESS PARTY (ANC)
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: January 3865
Description[?]:
The ALORIAN NATIONAL CONGRESS PARTY (ANC) 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 |
> 750 ALO | 8% | 2,114,000,000 ALO |
> 1,200 ALO | 13% | 6,108,000,000 ALO |
> 2,000 ALO | 16% | 7,517,000,000 ALO |
> 2,800 ALO | 21% | 12,308,000,000 ALO |
> 3,800 ALO | 25% | 33,529,000,000 ALO |
> 6,800 ALO | 28% | 7,939,000,000 ALO |
> 7,800 ALO | 32% | 9,100,000,000 ALO |
> 9,000 ALO | 36% | 7,518,000,000 ALO |
> 10,000 ALO | 39% | 10,287,000,000 ALO |
> 12,000 ALO | 40% | 6,951,000,000 ALO |
> 14,000 ALO | 41% | 6,313,000,000 ALO |
> 16,000 ALO | 42% | 5,250,000,000 ALO |
> 18,000 ALO | 43% | 6,445,000,000 ALO |
> 25,000 ALO | 44% | 525,000,000 ALO |
> 27,000 ALO | 47% | 356,000,000 ALO | Total | 122,260,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes | Total Seats: 545 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 0 |
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