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Bill: Income tax proposal of November 3498
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: July 3499
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 | 70% | 158,139,000,000 SOL |
| > 5,000 SOL | 70% | 197,673,000,000 SOL |
| > 10,000 SOL | 70% | 197,673,000,000 SOL |
| > 15,000 SOL | 70% | 195,000,000,000 SOL |
| > 20,000 SOL | 70% | 167,216,000,000 SOL |
| > 25,000 SOL | 70% | 146,126,000,000 SOL |
| > 30,000 SOL | 70% | 136,444,000,000 SOL |
| > 35,000 SOL | 70% | 113,425,000,000 SOL |
| > 40,000 SOL | 70% | 98,239,000,000 SOL |
| > 45,000 SOL | 70% | 83,738,000,000 SOL |
| > 50,000 SOL | 70% | 72,143,000,000 SOL |
| > 55,000 SOL | 70% | 156,849,000,000 SOL |
| > 70,000 SOL | 70% | 84,600,000,000 SOL |
| > 80,000 SOL | 70% | 133,862,000,000 SOL |
| > 100,000 SOL | 70% | 103,646,000,000 SOL | Total | 2,044,773,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 09:18:19, June 11, 2013 CET | From |  Gilde Mercantile Solentia | To | Debating the Income tax proposal of November 3498 |
| Message | The states knows best |
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Voting
| Vote | Seats | |
| yes | Total Seats: 223 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 202 |
| Random fact: Particracy has 464 player slots. |
| Random quote: "Socialism failed because it couldn't tell the economic truth; capitalism may fail because it couldn't tell the ecological truth." Lester Brown, Fortune Brainstorm Conference, 2006 |