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Bill: Income tax proposal of November 4130
Details
Submitted by[?]: Liberal Party (Plaid Ryddfrydol)
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: January 4132
Description[?]:
| The Alorian Independence Party 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:: 22
Current: 5
Proposed: 20
Article 2
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 |
| > 4,000 ALO | 22% | 63,566,000,000 ALO | Total | 63,566,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 19:48:48, December 05, 2016 CET | From | Liberal Party (Plaid Ryddfrydol) | To | Debating the Income tax proposal of November 4130 |
| Message | Mr Speaker Aloria's GDP has been falling in recent years. The economic policy of the government is unclear. I have proposed tax cuts for both hardworking Alorian people and for businesses. Our Foreign Investment Bill has also been brought to a vote. Alongside our party's Economics & Finance Spokesman, Raffael Mandel, I have created an economic policy that will stimulate investment and grow our economy. These tax cuts will be coupled with budget cuts, if this bill passes. I hope the government votes in favour of this bill, but if they don't I hope they can explain what their economic plan is, because at the moment it is non-existent. Bert Keller, AIP Leader |
| Date | 20:40:23, December 05, 2016 CET | From | Alorian National Legion | To | Debating the Income tax proposal of November 4130 |
| Message | The Alorian National legion supports this bill. Genral Ferdinand Herdler, ANL leader |
| Date | 18:44:58, December 06, 2016 CET | From | Liberal Party (Plaid Ryddfrydol) | To | Debating the Income tax proposal of November 4130 |
| Message | Mr Speaker Now that a new government has been formed, it is time we set out our economic policy, and here it is. Over this term, we want to cut public spending in some departments, cut taxes for hard-working people and cut corporation tax so small businesses can prosper in an economic climate full of big businesses. Raffael Mandel, Minister for Finance |
| Date | 18:24:58, December 08, 2016 CET | From | Liberal Party (Plaid Ryddfrydol) | To | Debating the Income tax proposal of November 4130 |
| Message | Mr Speaker We are disappointed that the House didn't pass this bill. This bill set out our economic plan, however we will have to go back to the drawing board. Raffael Mandel, Minister for Finance |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 231 | ||
| no | Total Seats: 229 | ||
| abstain | Total Seats: 240 |
| Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
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