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Bill: Out of the crisis - Income tax proposal of March 3104
Details
Submitted by[?]: Democratic Catholic Party
Status[?]: defeated
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: November 3104
Description[?]:
| The Future, Hope & Engagement (CFu) 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 |
| > 1 SOL | 12% | 67,651,000,000 SOL |
| > 10,000 SOL | 27% | 271,889,000,000 SOL |
| > 30,000 SOL | 42% | 589,007,000,000 SOL | Total | 928,547,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 15:32:37, April 11, 2011 CET | From | Democratic Catholic Party | To | Debating the Out of the crisis - Income tax proposal of March 3104 |
| Message | Economic Voice of Solentia Breaking News HALion - Solentia is at a time of acute economic crisis. The figure for GDP fell by 4% from a year ago. "We are in a real economic crisis", said Bill Spencer, a spokesman for the manufacturers. "This year -4%, and there are not many signs of recovery. We are heading to recession, and something must be done.". The decline of -4% of the GDP marks a deep and should not be separated from investment loss (-6.4%) and consumption (-6.3%). The business world calls the raise, while the policy is engaged in sterile battles of prejudice that would only provide a dramatic increase in public debt. Where will it all end? |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 73 | |||
| no |
Total Seats: 314 | |||
| abstain | Total Seats: 38 |
| Random fact: Unless otherwise stated, monarchs and their royal houses will be presumed to be owned by the player who introduced the bill appointing them to their position. |
| Random quote: "Global warmers predict that global warming is coming, and our emissions are to blame. They do that to keep us worried about our role in the whole thing. If we aren't worried and guilty, we might not pay their salaries. It's that simple." - Kary Mullis |