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Bill: Taxpayer Relief Act
Details
Submitted by[?]: Volkspartei/Plaid Pobl
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: March 4000
Description[?]:
The Republikanische Volkspartei propose to adjust the government's income 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:: 12
Current: 5
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 21
Current: 25
Proposed: 0
Article 3
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 |
> 2,500 ALO | 10% | 2,938,000,000 ALO |
> 3,000 ALO | 10% | 5,849,000,000 ALO |
> 4,000 ALO | 10% | 5,234,000,000 ALO |
> 5,000 ALO | 10% | 9,102,000,000 ALO |
> 7,500 ALO | 10% | 5,697,000,000 ALO |
> 10,000 ALO | 10% | 3,542,000,000 ALO |
> 13,000 ALO | 10% | 3,076,000,000 ALO |
> 17,000 ALO | 10% | 2,246,000,000 ALO | Total | 37,684,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 22:57:27, March 17, 2016 CET | From | Conservative | To | Debating the Taxpayer Relief Act |
Message | We will officially abstain. We oppose the proposed budget cuts. - CPA |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 158 | |||||
no |
Total Seats: 201 | |||||
abstain |
Total Seats: 81 |
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