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Bill: Income Tax Proposal of September 3966
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: May 3967
Description[?]:
The Conservative 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 |
> 2,000 ALO | 5% | 2,942,000,000 ALO |
> 3,000 ALO | 10% | 5,856,000,000 ALO |
> 4,000 ALO | 15% | 7,860,000,000 ALO |
> 5,000 ALO | 20% | 18,223,000,000 ALO |
> 7,500 ALO | 25% | 14,256,000,000 ALO |
> 10,000 ALO | 30% | 9,314,000,000 ALO |
> 12,500 ALO | 35% | 9,868,000,000 ALO |
> 16,000 ALO | 40% | 11,770,000,000 ALO | Total | 80,089,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 04:27:57, January 12, 2016 CET | From | ![]() | To | Debating the Income Tax Proposal of September 3966 |
Message | Let's put the surplus to good use. Under this proposal 67 cents on the dollar in cuts will go to lower-income earners (less than 4000 ALO per annum). Let's reduce the tax burden for working families. - CPA |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 200 | ||||
no |
Total Seats: 170 | ||||
abstain |
Total Seats: 175 |
Random fact: It is the collective responsibility of the players in a nation to ensure all currently binding RP laws are clearly outlined in an OOC reference bill in the "Bills under debate" section of the nation page. Confusion should not be created by displaying only some of the current RP laws or displaying RP laws which are no longer current. |
Random quote: "A strong body makes the mind strong. As to the species of exercises, I advise the gun. While this gives moderate exercise to the body, it gives boldness, enterprise and independence to the mind. Games played with the ball, and others of that nature, are too violent for the body and stamp no character on the mind. Let your gun therefore be your constant companion of your walks." - Thomas Jefferson |