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Bill: Income tax proposal of November 4342
Details
Submitted by[?]: Mae'r Rhyddfrydwyr a'r Diwygwyr 'Parti
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 4344
Description[?]:
| With the failure of the past tax plan, the government proposes another plan that will do better to hold up government spending and ensure the prosperity of the Alorian middle class, while encouraging corporate investment |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 5
Proposed: 10
Article 2
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 |
| > 5,000 ALO | 20% | 4,298,000,000 ALO |
| > 5,500 ALO | 26% | 10,049,000,000 ALO |
| > 6,500 ALO | 28% | 15,540,000,000 ALO |
| > 8,500 ALO | 30% | 9,684,000,000 ALO |
| > 10,000 ALO | 32% | 11,330,000,000 ALO |
| > 13,000 ALO | 34% | 5,477,000,000 ALO |
| > 15,000 ALO | 36% | 7,251,000,000 ALO |
| > 18,000 ALO | 40% | 3,132,000,000 ALO |
| > 20,000 ALO | 45% | 2,611,000,000 ALO |
| > 23,000 ALO | 50% | 1,643,000,000 ALO | Total | 71,015,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 13:45:25, February 03, 2018 CET | From | Alorian Democratic Party | To | Debating the Income tax proposal of November 4342 |
| Message | Because this bill will only increase our deficit, the ADP will vote against. |
| Date | 18:30:01, February 03, 2018 CET | From | Mae'r Rhyddfrydwyr a'r Diwygwyr 'Parti | To | Debating the Income tax proposal of November 4342 |
| Message | Colleagues in the ADP, we are not running a deficit and this will not put us in debt. We will also propose a spending bill that will cut funds in the HoG category, as that category by far overfunds the operation of the Senedd. We must have a frank discussion after this about the salaries of Senedd members |
| Date | 01:11:37, February 04, 2018 CET | From | Heitere Republikaner | To | Debating the Income tax proposal of November 4342 |
| Message | We will support this proposal in order to decrease taxation on small businesses, one of our main aims. Blanche Thyes Leader of the HR |
| Date | 01:32:30, February 04, 2018 CET | From | Alorian Democratic Party | To | Debating the Income tax proposal of November 4342 |
| Message | Thanks to the clarification from the MRDP, we will support. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 750 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 0 |
| Random fact: When forming a cabinet, try to include as few parties as possible, while still obtaining a majority of the seats. |
| Random quote: "This administration is not sympathetic to corporations; it is indentured to corporations." - Ralph Nader |