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Bill: Income tax proposal of August 4179
Details
Submitted by[?]: ALORIAN NATIONAL CONGRESS PARTY (ANC)
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: April 4180
Description[?]:
| The ALORIAN NATIONAL CONGRESS PARTY (ANC) 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 |
| > 250 ALO | 1% | 118,000,000 ALO |
| > 450 ALO | 3% | 969,000,000 ALO |
| > 1,000 ALO | 5% | 4,407,000,000 ALO |
| > 2,500 ALO | 9% | 7,907,000,000 ALO |
| > 4,000 ALO | 12% | 21,528,000,000 ALO |
| > 9,000 ALO | 18% | 11,640,000,000 ALO |
| > 14,000 ALO | 20% | 7,147,000,000 ALO |
| > 20,000 ALO | 22% | 1,570,000,000 ALO |
| > 25,000 ALO | 25% | 487,000,000 ALO |
| > 35,000 ALO | 27% | 0 ALO | Total | 55,773,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes | Total Seats: 289 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 256 |
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