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Bill: Income tax proposal of June 3944
Details
Submitted by[?]: Conservative
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 3945
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 |
> 1,000 ALO | 5% | 2,943,000,000 ALO |
> 2,000 ALO | 10% | 8,830,000,000 ALO |
> 3,500 ALO | 15% | 12,237,000,000 ALO |
> 5,000 ALO | 20% | 15,336,000,000 ALO |
> 7,000 ALO | 25% | 9,802,000,000 ALO |
> 8,500 ALO | 30% | 9,704,000,000 ALO |
> 10,000 ALO | 35% | 18,070,000,000 ALO |
> 15,000 ALO | 40% | 14,840,000,000 ALO | Total | 91,762,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 06:07:46, November 28, 2015 CET | From | Conservative | To | Debating the Income tax proposal of June 3944 |
Message | This bill will raise tax-deductible income from 850 to 100 ALO. We call across the floor to vote for this measure to bring much needed tax relief to working families. - CPA |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 337 | |||||
no |
Total Seats: 30 | |||||
abstain |
Total Seats: 178 |
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