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Bill: Tenths and Fiftheenths Act
Details
Submitted by[?]: Coalition for National Unity [CNU]
Status[?]: defeated
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: July 2615
Description[?]:
| The Conservative Catholic 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
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 4
Current: 0
Proposed: 2
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 9
Current: 0
Proposed: 4
Article 3
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 |
| > 15,000 SOL | 10% | 134,205,000,000 SOL |
| > 50,000 SOL | 15% | 118,005,000,000 SOL | Total | 252,210,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 18:00:58, August 01, 2008 CET | From |  Anarcho-Atheist League | To | Debating the Tenths and Fiftheenths Act |
| Message | We cannot support this, as we are not sure if this bill wil send us into a deficit or not. The last budget that was proposed cut government spending by far too much for this party's liking, if another one was proposed that wasn't so drastic we would offer our support, while at the same time offering support for this bill |
| Date | 22:19:15, August 01, 2008 CET | From | Coalition for National Unity [CNU] | To | Debating the Tenths and Fiftheenths Act |
| Message | The budget was cut drastically...which means that taxes can be cut drastically...as we aren'tspending as much...You want to be spending these high taxes on...what exactly? They certainly arent needed in the budget.... |
| Date | 03:42:05, August 02, 2008 CET | From | Anarcho-Atheist League | To | Debating the Tenths and Fiftheenths Act |
| Message | The recent budget proposal did not pass |
| Date | 03:42:51, August 02, 2008 CET | From | Anarcho-Atheist League | To | Debating the Tenths and Fiftheenths Act |
| Message | ooc: Weird, it should of, but at least on my screen it says it was defeated |
| Date | 10:55:00, August 02, 2008 CET | From | Coalition for National Unity [CNU] | To | Debating the Tenths and Fiftheenths Act |
| Message | ooc: Indeed I assumed it did because it should have but you're correct in saying that it hasn't for some bizzarre reason. Odd. Well no worries, my bad. |
| Date | 18:43:40, August 02, 2008 CET | From | National Zeus Party | To | Debating the Tenths and Fiftheenths Act |
| Message | ooc: you need more than half the legislature to vote yes in order for budget proposals to pass. |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 192 | ||||||
| no |
Total Seats: 233 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Head to the "Language assistance" thread to receive and offer help with translations: http://forum.particracy.net/viewtopic.php?f=5&t=6368 |
| Random quote: "God creates men, but they choose each other." - Niccolo Machiavelli |