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Bill: Income tax proposal of June 5241
Details
Submitted by[?]: ksk2001 Party
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 ksk2001 Party propose to adjust the government's income tax policy to better address the economic situation of the République d'Alduria (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 |
| > 6,000 ALD | 10% | 73,088,000,000 ALD |
| > 20,000 ALD | 20% | 63,859,000,000 ALD |
| > 30,000 ALD | 50% | 91,817,000,000 ALD |
| > 40,000 ALD | 60% | 62,443,000,000 ALD |
| > 50,000 ALD | 75% | 79,042,000,000 ALD |
| > 100,000 ALD | 80% | 0 ALD | Total | 370,249,000,000 ALD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribe| Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
| Random quote: "The trouble with practical jokes is that very often they get elected." - Will Rogers |