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Bill: ACD Income tax proposal of January 4044
Details
Submitted by[?]: Aloria cenedlaethol Democrataidd (ACD)
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: September 4044
Description[?]:
| The Aloria cenedlaethol Democrataidd (ACD) propose to adjust the government's income tax policy to better address the economic situation of the Demokratische Republik Aloria. No major changes, but some tax cuts for the two most poor groups and some tax increases for the two most rich groups. All to reduce the incomst caps beetween Alorians. |
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 | 12% | 5,940,000,000 ALO |
| > 7,500 ALO | 28% | 15,941,000,000 ALO |
| > 10,000 ALO | 35% | 13,873,000,000 ALO |
| > 13,500 ALO | 60% | 15,902,000,000 ALO |
| > 17,000 ALO | 70% | 5,449,000,000 ALO |
| > 18,500 ALO | 75% | 5,256,000,000 ALO |
| > 20,500 ALO | 80% | 4,798,000,000 ALO |
| > 25,500 ALO | 80% | 1,322,000,000 ALO |
| > 35,000 ALO | 75% | 0 ALO | Total | 68,481,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 201 | ||||
| no | Total Seats: 124 | ||||
| abstain |
Total Seats: 190 |
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