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Bill: Income tax proposal of June 3942
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 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 3943
Description[?]:
| The Conservative Party of Aloria propose to adjust the government's income tax policy to better address the economic situation of the Demokratische Republik 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 |
| > 1,250 ALO | 5% | 3,671,000,000 ALO |
| > 2,500 ALO | 10% | 7,334,000,000 ALO |
| > 3,750 ALO | 15% | 10,022,000,000 ALO |
| > 5,000 ALO | 20% | 15,304,000,000 ALO |
| > 7,000 ALO | 25% | 12,627,000,000 ALO |
| > 9,000 ALO | 30% | 11,058,000,000 ALO |
| > 11,000 ALO | 35% | 12,439,000,000 ALO |
| > 15,000 ALO | 40% | 14,825,000,000 ALO | Total | 87,280,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 04:24:43, November 24, 2015 CET | From | Conservative | To | Debating the Income tax proposal of June 3942 |
| Message | The CPA stands by our initial goal of reducing the tax burden on working families. We seek to raise tax-deductible income from 850 ALO to 1250 ALO. We yield the floor to input on this progressive bill. - CPA |
| Date | 17:35:07, November 24, 2015 CET | From | Liberal Party (Plaid Ryddfrydol) | To | Debating the Income tax proposal of June 3942 |
| Message | We want the top rate of tax reduced from 40% to 38% |
| Date | 17:35:41, November 24, 2015 CET | From | Liberal Party (Plaid Ryddfrydol) | To | Debating the Income tax proposal of June 3942 |
| Message | Or the top tax bracket raised above 15,000 |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 92 | |||||
| no |
Total Seats: 356 | |||||
| abstain | Total Seats: 97 |
| Random fact: The Real-Life Equivalents Index is a valuable resource for finding out the in-game equivalents of real-life cultures, languages, religions, people and places: http://forum.particracy.net/viewtopic.php?f=11&t=6731 |
| Random quote: "I believe that guns don't kill people, husbands that come home early do." - Larry the Cable Guy |