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Bill: Income tax proposal of October 4387
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: June 4388
Description[?]:
| The Rote Fraktion propose to adjust the government's income tax policy to better address the economic situation of the Republik Aloria. The changes shall see tax cuts for hardworking families offset by tax increases on the wealthy . |
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 |
| > 3,500 ALO | 8% | 8,227,000,000 ALO |
| > 5,500 ALO | 18% | 14,758,000,000 ALO |
| > 8,000 ALO | 35% | 11,992,000,000 ALO |
| > 9,500 ALO | 50% | 18,236,000,000 ALO |
| > 12,000 ALO | 70% | 17,589,000,000 ALO |
| > 15,000 ALO | 90% | 33,346,000,000 ALO | Total | 104,148,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 256 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 244 |
| Random fact: "Kubrk" is a Jelbic word that has the colloquial meaning "old man" or "geezer". |
| Random quote: "Abolition of a woman's right to abortion, when and if she wants it, amounts to compulsory maternity: a form of rape by the State." - Edward Abbey |