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Bill: Income tax proposal of December 4378
Details
Submitted by[?]: Rote Fraktion
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: August 4379
Description[?]:
| The Rote Fraktion propose to adjust the government's income tax policy to better address the economic situation of the Alorianische Sozialrepublik. ----------------- This Bill will result in a tax cut for everyone earning under 6,000LPD and shall remove those earning under 2,500LPD from income tax . Signed, Adalbert Kantiz Minister of Finance |
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 |
| > 2,500 ALO | 10% | 8,792,000,000 ALO |
| > 4,000 ALO | 20% | 18,774,000,000 ALO |
| > 6,000 ALO | 30% | 31,968,000,000 ALO |
| > 10,000 ALO | 45% | 19,710,000,000 ALO |
| > 14,000 ALO | 90% | 40,351,000,000 ALO | Total | 119,595,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 435 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 65 |
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