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Bill: Income tax proposal of January 2886
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: September 2886
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 |
| > 20,000 SOL | 4% | 9,539,000,000 SOL |
| > 25,000 SOL | 7% | 14,588,000,000 SOL |
| > 30,000 SOL | 10% | 26,461,000,000 SOL |
| > 37,000 SOL | 14% | 49,176,000,000 SOL |
| > 50,000 SOL | 17% | 32,484,000,000 SOL |
| > 60,000 SOL | 26% | 51,381,000,000 SOL |
| > 75,000 SOL | 40% | 99,775,000,000 SOL |
| > 100,000 SOL | 47% | 69,469,000,000 SOL | Total | 352,873,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 21:31:00, January 29, 2010 CET | From |  Coalition for National Unity [CNU] | To | Debating the Income tax proposal of January 2886 |
| Message | "Mr. Warden, Perhaps the gentleman of the opposition from the Socialist bloc could explain to the house exactly how they are planning to pay for the budget that they are defending against reform when they simultaneously support drastic tax cuts for the poorest? It seems to me that the gentleman wants the best of both worlds, well I hate to tell him, but he simply can't have it. It is very obvious at this stage, that the Socialist Bloc are not in full awareness as to what they are backing and not. Low taxes and low spending or high of both, what is it to be?" - Sen. Taso Nakamura (C) Secretary of State for Finance and Economics |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 70 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 30 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "Blah blah blah- I'm more of a Leftist than all you puppets... You support cops beating people down and kicking out all the foreigners..." - Omar al-Khali, former Kalistani politician |