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Bill: Income tax proposal of December 2516
Details
Submitted by[?]: Coalition for National Unity [CNU]
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: August 2517
Description[?]:
The Conservative and Morality Party propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Solentia. |
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 |
> 30,000 SOL | 1% | 3,570,000,000 SOL |
> 40,000 SOL | 2% | 5,200,000,000 SOL |
> 50,000 SOL | 3% | 11,678,000,000 SOL |
> 75,000 SOL | 5% | 12,487,000,000 SOL |
> 100,000 SOL | 6% | 3,168,000,000 SOL |
> 110,000 SOL | 7% | 2,876,000,000 SOL |
> 120,000 SOL | 8% | 2,509,000,000 SOL |
> 130,000 SOL | 9% | 1,609,000,000 SOL |
> 140,000 SOL | 11% | 538,000,000 SOL | Total | 43,635,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||||
yes | Total Seats: 220 | ||||||
no | Total Seats: 0 | ||||||
abstain |
Total Seats: 205 |
Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
Random quote: "The great masses of the people... will more easily fall victims to a big lie than to a small one." - Adolf Hitler |