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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% | 2,939,000,000 ALO |
> 3,000 ALO | 10% | 5,850,000,000 ALO |
> 4,000 ALO | 15% | 7,852,000,000 ALO |
> 5,000 ALO | 20% | 18,202,000,000 ALO |
> 7,500 ALO | 25% | 14,239,000,000 ALO |
> 10,000 ALO | 30% | 9,301,000,000 ALO |
> 12,500 ALO | 35% | 9,859,000,000 ALO |
> 16,000 ALO | 40% | 11,763,000,000 ALO | Total | 80,005,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 04:27:57, January 12, 2016 CET | From | Conservative | 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 |
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