We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Taxation Fairness Bill 3552
Details
Submitted by[?]: Grand Liberal Party
Status[?]: passed
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: September 3552
Description[?]:
| The Liberal Renewal Party propose to adjust the government's tax policy to better address the economic situation of the Grande Millenaria Repubblica Commerciale di Solentia (Grand Millennial Trade Republic of Solentia). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 40
Current: 0
Proposed: 38
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 10
Current: 0
Proposed: 8
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 0
Proposed: 35
Article 4
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 | 15% | 2,119,000,000 SOL |
| > 1,250 SOL | 45% | 95,368,000,000 SOL |
| > 5,000 SOL | 30% | 42,386,000,000 SOL |
| > 7,500 SOL | 35% | 49,450,000,000 SOL |
| > 10,000 SOL | 40% | 113,028,000,000 SOL |
| > 15,000 SOL | 45% | 125,439,000,000 SOL |
| > 20,000 SOL | 50% | 119,525,000,000 SOL |
| > 25,000 SOL | 55% | 454,498,000,000 SOL |
| > 50,000 SOL | 65% | 253,218,000,000 SOL |
| > 75,000 SOL | 70% | 174,907,000,000 SOL |
| > 100,000 SOL | 75% | 111,014,000,000 SOL | Total | 1,540,952,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 388 | |
| no | Total Seats: 362 | |
| abstain | Total Seats: 0 |
| Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
| Random quote: "The only thing that saves us from bureaucracy is its inefficiency." - Eugene McCarthy |