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Bill: Income tax proposal of June 4180
Details
Submitted by[?]: Aldegar Unity Party
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: February 4181
Description[?]:
| The Aldegar Unity Party propose to adjust the government's income tax policy to better address the economic situation of the Pādshāhi-ye Amjad-e Aldegār. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 55
Current: 30
Proposed: 50
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 50
Proposed: 45
Article 3
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 ACR | 11% | 2,461,000,000 ACR |
| > 900 ACR | 15% | 2,517,000,000 ACR |
| > 1,200 ACR | 20% | 13,424,000,000 ACR |
| > 2,400 ACR | 30% | 19,466,000,000 ACR |
| > 3,600 ACR | 35% | 17,750,000,000 ACR |
| > 4,800 ACR | 40% | 15,410,000,000 ACR |
| > 6,000 ACR | 50% | 15,200,000,000 ACR |
| > 7,200 ACR | 55% | 12,065,000,000 ACR |
| > 8,400 ACR | 65% | 11,838,000,000 ACR |
| > 9,600 ACR | 85% | 31,610,000,000 ACR |
| > 15,000 ACR | 95% | 8,896,000,000 ACR | Total | 150,637,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 351 | ||
| no |
Total Seats: 299 | ||
| abstain |
Total Seats: 0 |
| Random fact: You can inactivate yourself on your User Page. You will then lose all your seats but your party account won't be deleted, and your party's Visibility ratings will not diminish. Reactivation can be requested in the "Reactivation Requests" thread in the Game Moderation section of the Particracy Forum. |
| Random quote: "A theory that seems to explain everything is just as good at explaining nothing"- Christopher Hitchens |