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Bill: Income tax proposal of April 3457
Details
Submitted by[?]: Gilde Mercantile Solentia
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 3457
Description[?]:
| The Power of the People Party propose to adjust the government's income tax policy to better address the economic situation of the Millennial 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 |
| > 1,000 SOL | 35% | 79,236,000,000 SOL |
| > 5,000 SOL | 40% | 113,195,000,000 SOL |
| > 10,000 SOL | 40% | 113,195,000,000 SOL |
| > 15,000 SOL | 40% | 111,665,000,000 SOL |
| > 20,000 SOL | 40% | 95,761,000,000 SOL |
| > 25,000 SOL | 40% | 83,694,000,000 SOL |
| > 30,000 SOL | 40% | 78,151,000,000 SOL |
| > 35,000 SOL | 40% | 64,959,000,000 SOL |
| > 40,000 SOL | 40% | 56,256,000,000 SOL |
| > 45,000 SOL | 40% | 47,963,000,000 SOL |
| > 50,000 SOL | 50% | 51,653,000,000 SOL |
| > 55,000 SOL | 50% | 112,217,000,000 SOL |
| > 70,000 SOL | 50% | 60,507,000,000 SOL |
| > 80,000 SOL | 50% | 95,744,000,000 SOL |
| > 100,000 SOL | 50% | 74,103,000,000 SOL | Total | 1,238,299,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 185 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "Under every stone lurks a politician." Aristophanes (450 BC - 388 BC), Thesmophoriazusae, 410 B.C |