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Bill: Income tax proposal of November 2206
Details
Submitted by[?]: Ducal Delegation
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: July 2207
Description[?]:
| Eliminating the 40% tax bracket will not cost the Aldegarian Treasury very much, and we can do it without taking our budget into deficit, but it will do a great deal towards encouraging our most talented people to stay in Aldegar and create future wealth here rather than moving abroad to live in countries with more liberal tax regimes. Percy Waterman (Personal Secretary to the Grand Duke of Hikirena) |
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 |
| > 1,700 ACR | 15% | 32,912,000,000 ACR |
| > 7,000 ACR | 26% | 17,294,000,000 ACR |
| > 12,000 ACR | 35% | 8,641,000,000 ACR | Total | 58,847,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
| Date | 03:29:34, March 29, 2006 CET | From | Social Liberal Union | To | Debating the Income tax proposal of November 2206 |
| Message | this is merely a confidence and supply vote. this is not entirely an irrational proposal, the slu would like to request that the ducal make more of an attempt to talk with its coalition partners before making lofty decisions such as this. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 207 | ||||
| no | Total Seats: 33 | ||||
| abstain | Total Seats: 135 |
| Random fact: Particracy does not allow official national flags of real-life nations or flags which are very prominent and recognisable (eg. the flags of the European Union, the United Nations, Nazi Germany, the Soviet Union or the Confederate States of America). |
| Random quote: "We had no domestic attacks under Bush." - Rudy Giuliani |