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Bill: Income & Corporation Tax Proposal of November 4134
Details
Submitted by[?]: Liberal Party (Plaid Ryddfrydol)
Status[?]: passed
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: November 4135
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% | 63,539,000,000 ALO | Total | 63,539,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 02:10:21, December 14, 2016 CET | From | Alorian Labor Party (ALP) | To | Debating the Income & Corporation Tax Proposal of November 4134 |
| Message | Mr. Speaker, The Labor Party supports tax cut proposal. We applaud the AIP on their efforts to make Alorian companies more competitive. This will enable Alorian companies to compete with the rest of the world, whilst also ensuring that ordinary Alorians don't have to pick up the slack that is inevitably created by any cut in revenue. The budget expenditure proposal that is also before the parliament does not cut any funds from critical departments and frontline services, and even boosts certain departments. We applaud the AIP on their responsible budget management. Jörg Küchler Labor Party Finance Spokesperson. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 700 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: Particracy has 464 player slots. |
| Random quote: "The best political weapon is the weapon of terror. Cruelty commands respect. Men may hate us, but we don't ask for their love, only for their fear." - Heinrich Himmler |