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Bill: Income tax proposal of October 4033
Details
Submitted by[?]: Democratic Party
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: June 4034
Description[?]:
| The Social Democratic 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 |
| > 6,000 ALO | 15% | 7,429,000,000 ALO |
| > 7,500 ALO | 30% | 17,087,000,000 ALO |
| > 10,000 ALO | 35% | 13,878,000,000 ALO |
| > 13,500 ALO | 60% | 15,911,000,000 ALO |
| > 17,000 ALO | 70% | 5,447,000,000 ALO |
| > 18,500 ALO | 75% | 5,246,000,000 ALO |
| > 20,500 ALO | 76% | 4,550,000,000 ALO |
| > 25,500 ALO | 80% | 1,318,000,000 ALO |
| > 35,000 ALO | 75% | 0 ALO | Total | 70,866,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 288 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 227 |
| Random fact: If your "Bills under debate" section is cluttered up with old bills created by inactive parties, report them for deletion on the Bill Clearouts Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "More Medicament Manufacture take the profits, workers take the factory" - Boros Norbert, former Endralonian businessman |