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Bill: Income tax proposal of June 4096
Details
Submitted by[?]: Democratic Party
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: February 4097
Description[?]:
The National Socialist Party - New Democracy 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 |
> 500 ALO | 5% | 294,000,000 ALO |
> 600 ALO | 10% | 588,000,000 ALO |
> 700 ALO | 10% | 588,000,000 ALO |
> 800 ALO | 10% | 588,000,000 ALO |
> 900 ALO | 10% | 588,000,000 ALO |
> 1,000 ALO | 20% | 11,768,000,000 ALO |
> 2,000 ALO | 20% | 5,884,000,000 ALO |
> 2,500 ALO | 20% | 5,884,000,000 ALO |
> 3,000 ALO | 20% | 5,884,000,000 ALO |
> 3,500 ALO | 20% | 5,829,000,000 ALO |
> 4,000 ALO | 20% | 5,505,000,000 ALO |
> 4,500 ALO | 20% | 4,976,000,000 ALO |
> 5,000 ALO | 24% | 9,968,000,000 ALO |
> 6,000 ALO | 25% | 8,776,000,000 ALO |
> 7,000 ALO | 25% | 6,759,000,000 ALO |
> 8,000 ALO | 25% | 5,885,000,000 ALO |
> 9,000 ALO | 30% | 6,274,000,000 ALO |
> 10,000 ALO | 60% | 9,599,000,000 ALO |
> 11,000 ALO | 60% | 6,249,000,000 ALO |
> 12,000 ALO | 60% | 5,427,000,000 ALO |
> 13,000 ALO | 70% | 5,848,000,000 ALO |
> 14,000 ALO | 80% | 6,216,000,000 ALO |
> 15,000 ALO | 85% | 31,488,000,000 ALO | Total | 150,865,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 170 | ||
no | Total Seats: 329 | ||
abstain | Total Seats: 76 |
Random fact: Hundreds of vessels were lost while traversing the cold waters of the Sea of Lost Souls. It is located between Seleya and Majatra. |
Random quote: "More Medicament Manufacture take the profits, workers take the factory" - Boros Norbert, former Endralonian businessman |