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Bill: Income tax proposal of February 3755
Details
Submitted by[?]: United Democratic 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: August 3756
Description[?]:
| The United Democratic Party 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 |
| > 10,000 SOL | 10% | 80,043,000,000 SOL |
| > 25,000 SOL | 15% | 84,928,000,000 SOL |
| > 40,000 SOL | 20% | 90,322,000,000 SOL |
| > 60,000 SOL | 28% | 87,405,000,000 SOL |
| > 85,000 SOL | 35% | 99,424,000,000 SOL | Total | 442,122,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 03:11:25, November 08, 2014 CET | From |  United Democratic Party | To | Debating the Income tax proposal of February 3755 |
| Message | This tax proposal will grant tax relief to Solentians who are considered as poor or low income. Our top tax rate is also reasonable compared to tax plans implemented by other nations. Thomas Smith Minister of Finance |
| Date | 07:56:27, November 08, 2014 CET | From | Solentias People Party | To | Debating the Income tax proposal of February 3755 |
| Message | This is a great proposal, and we stand behind it. Mark Walts President and parliamentary spokesperson of SPP |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 200 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: It is not allowed to call more than 5 elections in 5 game years in a nation. The default sanction for a player persisting in the early election tactic will be a seat reset. |
| Random quote: "How many legs does a dog have if you call its tail a leg? Four. Calling a dog's tail a leg does not make it a leg." - Abraham Lincoln |