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Bill: Income tax proposal of December 4209
Details
Submitted by[?]: Parti Progressiste
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: January 4211
Description[?]:
| The Parti Progressiste propose to adjust the government's income tax policy to better address the economic situation of the République d'Aldurie (Republic of Alduria). This bill is necessary to closing the deficit. As you can see it lowers taxes on some of the lower income groups by a small percent and raises taxes on the richer groups by a slightly larger amount. |
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 |
| > 10,000 ALD | 15% | 41,150,000,000 ALD |
| > 15,000 ALD | 25% | 56,897,000,000 ALD |
| > 20,000 ALD | 30% | 54,100,000,000 ALD |
| > 25,000 ALD | 33% | 45,990,000,000 ALD |
| > 30,000 ALD | 35% | 37,429,000,000 ALD |
| > 35,000 ALD | 40% | 30,772,000,000 ALD |
| > 40,000 ALD | 45% | 26,081,000,000 ALD |
| > 45,000 ALD | 48% | 22,198,000,000 ALD |
| > 50,000 ALD | 50% | 18,966,000,000 ALD |
| > 55,000 ALD | 53% | 16,784,000,000 ALD |
| > 60,000 ALD | 55% | 11,195,000,000 ALD |
| > 65,000 ALD | 58% | 7,149,000,000 ALD |
| > 70,000 ALD | 60% | 1,945,000,000 ALD | Total | 370,656,000,000 ALD |
Debate
These messages have been posted to debate on this bill:
| Date | 14:07:37, May 13, 2017 CET | From | Reconstruire l'ancien (RA) | To | Debating the Income tax proposal of December 4209 |
| Message | Agreeable, but for future notice we would prefer to limit taxes over 50%, as it drives out economic stimulus, but if put to a vote we would vote yes. |
| Date | 17:29:19, May 13, 2017 CET | From | Parti Progressiste | To | Debating the Income tax proposal of December 4209 |
| Message | Unfortunately, there was almost no feasible way to limit taxes to 50% without over taxing the very poorest. However, I do agree that in the future they should be lowered. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 750 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
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