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Bill: Income tax proposal of May 2171

Details

Submitted by^[?]: Memorare Party

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: February 2172

Description^[?]:

The Memorare Party propose to adjust the government's income tax policy to better address the economic situation of the Confederated Regions 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
> 230 ALO	2%	270,000,000 ALO
> 460 ALO	9%	3,647,000,000 ALO
> 1,150 ALO	15%	10,130,000,000 ALO
> 2,300 ALO	21%	27,744,000,000 ALO
> 4,599 ALO	25%	37,779,000,000 ALO
> 9,198 ALO	38%	34,214,000,000 ALO
> 18,396 ALO	44%	6,639,000,000 ALO
Total		120,423,000,000 ALO

Debate

These messages have been posted to debate on this bill:

Date	22:54:24, January 14, 2006 CET
From	Memorare Party
To	Debating the Income tax proposal of May 2171
Message	The poor are taxed less, the rich more. simple.

Date	23:21:59, January 14, 2006 CET
From	Aloria Green Socialist Party
To	Debating the Income tax proposal of May 2171
Message	Can't diagree with that.

Date	23:51:42, January 14, 2006 CET
From	Democratic Socialist Party
To	Debating the Income tax proposal of May 2171
Message	Sounds good to me.

Date	02:38:33, January 15, 2006 CET
From	Independent Capitalist Party
To	Debating the Income tax proposal of May 2171
Message	Against. We already are in a surplus. Please post the original rates for reference on what is changing, at least.

Date	03:24:37, January 15, 2006 CET
From	Independent Capitalist Party
To	Debating the Income tax proposal of May 2171
Message	We're in a 846,018,570 ALO. Justify it.

Date	05:09:03, January 15, 2006 CET
From	Freedom Party
To	Debating the Income tax proposal of May 2171
Message	It's more fair.

Date	12:12:19, January 15, 2006 CET
From	Memorare Party
To	Debating the Income tax proposal of May 2171
Message	its fair

Date	14:47:50, January 15, 2006 CET
From	Democratic Liberal Party
To	Debating the Income tax proposal of May 2171
Message	We are in complete favour of this fair taxation.

Date	21:08:54, January 15, 2006 CET
From	Independent Capitalist Party
To	Debating the Income tax proposal of May 2171
Message	That's all socialists know how to do - tax and spend. It hurts our economy!

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Voting

Vote

Seats

yes

Total Seats: 321

Independent Capitalist Party (71)

Total Seats: 71

abstain

Total Seats: 208

Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval.

Random quote: "How much more grievous are the consequences of anger than the causes of it." - Marcus Aurelius

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