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Bill: Income Tax Proposal of September 4203
Details
Submitted by[?]: Conservative 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: May 4204
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
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 |
> 800 ALO | 18% | 33,803,000,000 ALO |
> 4,000 ALO | 19% | 17,828,000,000 ALO |
> 6,000 ALO | 20% | 12,415,000,000 ALO |
> 8,000 ALO | 21% | 9,325,000,000 ALO |
> 10,000 ALO | 22% | 19,488,000,000 ALO | Total | 92,859,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 11:57:21, April 30, 2017 CET | From | Conservative Party | To | Debating the Income Tax Proposal of September 4203 |
Message | We are proposing 7.2bn ALO worth of cuts to let the Alorian people keep more money in their pockets and spend it how they like, without the state stealing their hard earned cash. Consumer spending is falling drastically, and tax cuts such as these need to be made. This radical tax plan also changes the way the tax system works. Today, we are proposing a progressive tax system, to help the poorest in our society while still making sure tax is high enough to fund public services and governmental departments. Nicola Gerstle, Minister for Finance |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 340 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 205 |
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