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Bill: Tax Proposal of November 3932
Details
Submitted by[?]: Conservative
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: July 3933
Description[?]:
| The Conservative Party of Aloria propose to adjust the government's 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:: 35
Current: 5
Proposed: 15
Article 2
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 | 5% | 2,936,000,000 ALO |
| > 2,000 ALO | 10% | 8,808,000,000 ALO |
| > 3,500 ALO | 15% | 12,207,000,000 ALO |
| > 5,000 ALO | 20% | 15,301,000,000 ALO |
| > 7,000 ALO | 25% | 9,778,000,000 ALO |
| > 8,500 ALO | 30% | 9,680,000,000 ALO |
| > 10,000 ALO | 35% | 18,028,000,000 ALO |
| > 15,000 ALO | 40% | 14,825,000,000 ALO | Total | 91,563,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 03:57:53, November 05, 2015 CET | From | Conservative | To | Debating the Tax Proposal of November 3932 |
| Message | The Conservative Party of Aloria seeks to increase tax-deductible income from 850 ALO to 1000 ALO to help working families. - CPA |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 94 | ||||
| no | Total Seats: 73 | ||||
| abstain |
Total Seats: 311 |
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