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Bill: Income tax proposal of April 2298
Details
Submitted by[?]: Parti démocratique alduriain
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: December 2298
Description[?]:
| The Aldurian Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the République populaire d'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 |
| > 5,000 ALD | 4% | 22,445,000,000 ALD |
| > 15,000 ALD | 24% | 97,804,000,000 ALD |
| > 25,000 ALD | 36% | 116,246,000,000 ALD |
| > 40,000 ALD | 42% | 72,934,000,000 ALD |
| > 60,000 ALD | 50% | 16,325,000,000 ALD |
| > 70,000 ALD | 59% | 1,912,000,000 ALD | Total | 327,666,000,000 ALD |
Debate
These messages have been posted to debate on this bill:
| Date | 22:49:36, October 13, 2006 CET | From | Parti démocratique alduriain | To | Debating the Income tax proposal of April 2298 |
| Message | The reformed income tax cuts the taxes for people who make less than 15000 ALD/year by 12%, which lowers the intolerable budget surplus of 65 trillion ALD to a mere 4.5 trillion ALD, more than enough for a rainy day fund, just in case, with far more than enough for the ALP's proposed University Bill. |
| Date | 00:35:47, October 14, 2006 CET | From | Aldurian Labor Party | To | Debating the Income tax proposal of April 2298 |
| Message | good. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 252 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 149 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: "History is made by angry minorities, not by passive majorities." - Fareed Zakaria |