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Bill: Income tax proposal of December 4647
Details
Submitted by[?]: Union Populaire Democrate
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: September 4648
Description[?]:
| The Union Populaire Democrate propose to adjust the government's income tax policy to better address the economic situation of the République Fédérale d'Aldurie (Federal Republic of Alduria). |
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 |
| > 7,000 ALD | 3% | 3,448,000,000 ALD |
| > 9,000 ALD | 7% | 12,037,000,000 ALD |
| > 12,000 ALD | 12% | 19,182,000,000 ALD |
| > 15,000 ALD | 26% | 37,252,000,000 ALD |
| > 18,000 ALD | 28% | 45,649,000,000 ALD |
| > 22,000 ALD | 34% | 45,169,000,000 ALD |
| > 26,000 ALD | 38% | 58,841,000,000 ALD |
| > 32,000 ALD | 44% | 34,563,000,000 ALD |
| > 36,000 ALD | 46% | 26,958,000,000 ALD |
| > 40,000 ALD | 48% | 17,378,000,000 ALD |
| > 43,000 ALD | 50% | 15,898,000,000 ALD |
| > 46,000 ALD | 52% | 9,610,000,000 ALD |
| > 48,000 ALD | 54% | 18,452,000,000 ALD |
| > 52,000 ALD | 60% | 17,049,000,000 ALD |
| > 56,000 ALD | 62% | 15,337,000,000 ALD |
| > 60,000 ALD | 65% | 18,732,000,000 ALD |
| > 68,000 ALD | 70% | 2,703,000,000 ALD |
| > 70,000 ALD | 73% | 2,366,000,000 ALD | Total | 400,624,000,000 ALD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 163 | ||
| no | Total Seats: 112 | ||
| abstain | Total Seats: 225 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "Extremism in the defense of liberty is no vice. Moderation in the pursuit of justice is no virtue." - Barry Goldwater |