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Bill: Tax Code of 3909
Details
Submitted by[?]: Hosian-Non Hosian Alliance Party(HNHP)
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: June 3910
Description[?]:
| The Hosian-Non Hosian Alliance Party(HNHP) propose to adjust the government's income tax policy to better address the economic situation of the Demokratische Republik Aloria. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 12
Current: 5
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 10
Current: 25
Proposed: 8
Article 3
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 |
| > 1,200 ALO | 5% | 2,356,000,000 ALO |
| > 2,000 ALO | 13% | 13,767,000,000 ALO |
| > 3,800 ALO | 19% | 10,325,000,000 ALO |
| > 4,800 ALO | 16% | 12,823,000,000 ALO |
| > 6,800 ALO | 22% | 6,253,000,000 ALO |
| > 7,800 ALO | 15% | 4,277,000,000 ALO |
| > 9,000 ALO | 28% | 5,862,000,000 ALO |
| > 10,000 ALO | 18% | 4,759,000,000 ALO |
| > 12,000 ALO | 34% | 5,923,000,000 ALO |
| > 14,000 ALO | 37% | 5,711,000,000 ALO |
| > 16,000 ALO | 40% | 5,010,000,000 ALO |
| > 18,000 ALO | 43% | 6,442,000,000 ALO |
| > 25,000 ALO | 46% | 548,000,000 ALO |
| > 27,000 ALO | 39% | 295,000,000 ALO | Total | 84,351,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 05:20:39, September 20, 2015 CET | From | Alorian Front Party | To | Debating the Tax Code of 3909 |
| Message | Mr.Speaker, Does this tax code make sense to you?. It a mess.WHy are people who earn less paying more taxes than those who earn more?Please explain the logic in this. I Yield |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 0 | ||||||
| no |
Total Seats: 545 | ||||||
| abstain |
Total Seats: 0 |
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