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Bill: Income tax proposal of November 4267
Details
Submitted by[?]: Union of Progressive Forces
Status[?]: defeated
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: July 4268
Description[?]:
The Revolutionary Students' Front 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 |
> 2,000 ALO | 10% | 5,876,000,000 ALO |
> 3,000 ALO | 12% | 7,018,000,000 ALO |
> 4,000 ALO | 14% | 7,327,000,000 ALO |
> 5,000 ALO | 16% | 6,638,000,000 ALO |
> 6,000 ALO | 18% | 6,313,000,000 ALO |
> 7,000 ALO | 20% | 5,403,000,000 ALO |
> 8,000 ALO | 25% | 5,880,000,000 ALO |
> 9,000 ALO | 30% | 6,269,000,000 ALO |
> 10,000 ALO | 35% | 10,855,000,000 ALO |
> 12,500 ALO | 40% | 8,212,000,000 ALO |
> 15,000 ALO | 45% | 7,965,000,000 ALO |
> 17,500 ALO | 50% | 9,696,000,000 ALO | Total | 87,452,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
Date | 03:19:28, September 06, 2017 CET | From | Plaid Ffederaliaeth a Rhyddid | To | Debating the Income tax proposal of November 4267 |
Message | We support reducing the tax burden for everyone, and doing it on low-earning Alorians should be top priority. |
Date | 14:35:12, September 06, 2017 CET | From | Parti Libertaraidd Newydd (PLN/NLP) | To | Debating the Income tax proposal of November 4267 |
Message | We support this break in taxes. We are especially pleased with the abolishing of taxes for anyone earning less than 2000 Alorik. We would hope that this income free maximum will be extended from 2000 in the future, in order to help the most vulnerable within our society. We also believe that it says a lot about the Labor Party that they refuse to accept this. It appears they are perfectly content with taking 3.5 billion Aloriks away from people who earn less than 1 Alorik. Disgusting. Llachu Greenway Party Leader of the CDR/LDA |
Date | 23:46:56, September 06, 2017 CET | From | Liberal Party (Plaid Ryddfrydol) | To | Debating the Income tax proposal of November 4267 |
Message | We completely support these tax cuts, although we would like to see more radical tax cuts in the future. Gerald Wehnert ALP Leader |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 48 | ||||
no |
Total Seats: 262 | ||||
abstain |
Total Seats: 235 |
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