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Bill: Income tax proposal of December 4006
Details
Submitted by[?]: Parti Libéral de Alduria (Lib)
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: January 4008
Description[?]:
| The Nouveau Parti Libéral de Alduria propose to adjust the government's income tax policy to better address the economic situation of the République de Aldurie. This raises the 0% tax threshold to 12,500 ALD and is at least 2% tax cuts for all. This results in a cut in government income of 23,000,000,000 ALD which we can handle as we currently run a surplus of this figure. |
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 |
| > 12,500 ALD | 2% | 2,647,000,000 ALD |
| > 15,000 ALD | 6% | 13,684,000,000 ALD |
| > 20,000 ALD | 8% | 14,456,000,000 ALD |
| > 25,000 ALD | 18% | 44,418,000,000 ALD |
| > 35,000 ALD | 24% | 43,547,000,000 ALD |
| > 50,000 ALD | 40% | 27,897,000,000 ALD |
| > 60,000 ALD | 48% | 17,276,000,000 ALD | Total | 163,925,000,000 ALD |
Debate
These messages have been posted to debate on this bill:
| Date | 12:17:07, April 02, 2016 CET | From | La Parti Conservative | To | Debating the Income tax proposal of December 4006 |
| Message | we believe that a flat tax rate is needed, meaning that there are no brackets |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 180 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 270 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: "Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone." - John Maynard Keynes |