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Bill: Income tax proposal of September 3913
Details
Submitted by[?]: National People's Front (NPF)
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: May 3914
Description[?]:
| The Nationale Volksfront (NVF) propose to adjust the government's income tax policy to better address the economic situation of the Demokratische Republik Aloria. This tax code for income taxation is more simplified and evenly distributes a progressive tax. This tax is also more friendly as the other one went as high as in the late 40 per cents and inflicted that tax on lower incomes than my proposal. |
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 |
| > 1,000 ALO | 8% | 4,698,000,000 ALO |
| > 2,000 ALO | 13% | 11,450,000,000 ALO |
| > 3,500 ALO | 15% | 12,207,000,000 ALO |
| > 5,000 ALO | 20% | 12,025,000,000 ALO |
| > 6,500 ALO | 25% | 10,843,000,000 ALO |
| > 8,000 ALO | 30% | 13,315,000,000 ALO |
| > 10,000 ALO | 35% | 18,028,000,000 ALO |
| > 15,000 ALO | 38% | 14,084,000,000 ALO | Total | 96,650,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 18:50:40, September 27, 2015 CET | From | Alorian Front Party | To | Debating the Income tax proposal of September 3913 |
| Message | Mrs.Speaker, There is no math to this tax code policy. Its a hodgepodge of numbers,and creates an huge disparity among low income earners and high income earners.The tax policy which AFP,proposed eight years ago is more affluent,and it had actually cutting the income disparity among income groups within Aloria. I Yield |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 111 | |||||
| no |
Total Seats: 422 | |||||
| abstain | Total Seats: 12 |
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| Random quote: "This country has far more problems than it deserves and far more solutions than it applies." - Ralph Nader |