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Bill: Income tax proposal of June 4260
Details
Submitted by[?]: Labor 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: February 4261
Description[?]:
The Labor Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of 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 |
> 1 ALO | 6% | 3,523,000,000 ALO |
> 1,000 ALO | 8% | 4,702,000,000 ALO |
> 2,000 ALO | 10% | 5,877,000,000 ALO |
> 3,000 ALO | 12% | 7,020,000,000 ALO |
> 4,000 ALO | 14% | 7,328,000,000 ALO |
> 5,000 ALO | 16% | 6,638,000,000 ALO |
> 6,000 ALO | 18% | 6,312,000,000 ALO |
> 7,000 ALO | 20% | 5,402,000,000 ALO |
> 8,000 ALO | 25% | 5,879,000,000 ALO |
> 9,000 ALO | 30% | 6,267,000,000 ALO |
> 10,000 ALO | 35% | 10,852,000,000 ALO |
> 12,500 ALO | 40% | 8,211,000,000 ALO |
> 15,000 ALO | 45% | 7,963,000,000 ALO |
> 17,500 ALO | 50% | 9,676,000,000 ALO | Total | 95,650,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 05:30:26, August 22, 2017 CET | From | Plaid Ffederaliaeth a Rhyddid | To | Debating the Income tax proposal of June 4260 |
Message | We cannot accept the increase of taxes on hard working Alorians. |
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Voting
Vote | Seats | |||
yes |
Total Seats: 471 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 90 |
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Random quote: "Democracy is a pathetic belief in the collective wisdom of individual ignorance." - H. L. Mencken |