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Bill: Income tax proposal of June 5195
Details
Submitted by[?]: Democratic Party
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: April 5196
Description[?]:
| The Citizens Committee for Political Revival propose to adjust the government's income tax policy to better address the economic situation of the Cyngorgweriniaeth Sosialaidd Ddemocrataidd Aloria/Demokratische Sozialistische Ratesrepublik Aloria (Aloria). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 100
Current: 5
Proposed: 30
Article 2
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 |
| > 2,200 ALO | 10% | 26,978,000,000 ALO |
| > 8,300 ALO | 20% | 12,726,000,000 ALO |
| > 12,000 ALO | 25% | 6,309,000,000 ALO |
| > 15,000 ALO | 50% | 18,582,000,000 ALO | Total | 64,595,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 750 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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