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Bill: Income tax proposal of May 3817
Details
Submitted by[?]: Free 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: January 3818
Description[?]:
| "The Libertarian Party of Solentia (LPS) propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Solentia. This will lower taxes slightly to give our surplus back to the people." ~William Paul, Minister of Finance |
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 |
| > 10,500 SOL | 4% | 39,204,000,000 SOL |
| > 30,000 SOL | 15% | 92,510,000,000 SOL |
| > 50,000 SOL | 30% | 134,362,000,000 SOL |
| > 80,000 SOL | 40% | 83,923,000,000 SOL |
| > 103,000 SOL | 45% | 58,253,000,000 SOL | Total | 408,252,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 19:14:00, March 18, 2015 CET | From |  SUN | To | Debating the Income tax proposal of May 3817 |
| Message | Not ideal, but we like it because it moves tax burden off some low-wage earners. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 460 | ||||
| no | Total Seats: 65 | ||||
| abstain | Total Seats: 0 |
| Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
| Random quote: "The worst thing the bad guys can do is force us to doubt the good ones." - Viria Agelasta, former Selucian politician |