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Bill: Income tax proposal of November 3698
Details
Submitted by[?]: Meritocratic Alliance
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 3699
Description[?]:
The Meritocratic Alliance propose to adjust the government's income tax policy to better address the economic situation of the Democratic 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 |
> 15,000 SOL | 5% | 34,248,000,000 SOL |
> 29,000 SOL | 15% | 59,582,000,000 SOL |
> 40,000 SOL | 22% | 52,373,000,000 SOL |
> 49,000 SOL | 28% | 59,580,000,000 SOL |
> 60,000 SOL | 33% | 40,446,000,000 SOL |
> 69,000 SOL | 38% | 50,661,000,000 SOL |
> 80,000 SOL | 45% | 152,323,000,000 SOL | Total | 449,213,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
Date | 05:37:29, July 20, 2014 CET | From | Meritocratic Alliance | To | Debating the Income tax proposal of November 3698 |
Message | In coordination with the proposed new budget, this bill will relieve a good deal of the tax burden unfairly yoked upon our poorest citizens. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 346 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 79 |
Random fact: "Game mechanics comes first." For example, if a currently-enforced bill sets out one law, then a player cannot claim the government has set out a contradictory law. |
Random quote: "Politics: a strife of interests masquerading as a contest of principles. The conduct of public affairs for private advantage." - Ambrose Bierce |