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Bill: Income tax proposal of July 5071
Details
Submitted by[?]: Social Democratic Alliance (Aldegar)
Status[?]: debate
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.
Description[?]:
The Social Democratic Alliance (Aldegar) propose to adjust the government's income tax policy to better address the economic situation of the Jemhewra Aldegar (Aldegar). |
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 |
> 1,500 ACR | 15% | 20,053,000,000 ACR |
> 4,000 ACR | 24% | 25,779,000,000 ACR |
> 7,500 ACR | 34% | 19,943,000,000 ACR |
> 12,500 ACR | 46% | 9,996,000,000 ACR |
> 21,000 ACR | 46% | 0 ACR | Total | 75,771,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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