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: Income tax proposal of July 3819
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: March 3820
Description[?]:
| http://classic.particracy.net/viewbill.php?billid=432077 "Only accept this bill if the previous budget cut is accepted by you as well. This aligns with the ROS plan of raising the minimum bracket. This bill also cuts taxes for most people. It removes more than half our surplus, and it gives it to lower class. If the budget bill isn't accepted, this bill will send us into a deficit." ~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 |
| > 20,000 SOL | 13% | 138,301,000,000 SOL |
| > 50,000 SOL | 27% | 88,278,000,000 SOL |
| > 70,000 SOL | 34% | 106,087,000,000 SOL |
| > 100,000 SOL | 46% | 68,089,000,000 SOL | Total | 400,755,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 21:53:32, March 22, 2015 CET | From |  Free Democratic Party | To | Debating the Income tax proposal of July 3819 |
| Message | "Thank you for the bi-partisan support!" ~William Paul, Secondary Chairman of the LPS |
| Date | 21:53:50, March 22, 2015 CET | From | Free Democratic Party | To | Debating the Income tax proposal of July 3819 |
| Message | OOC: Actually Donny Kennedy said that. Oops... |
| Date | 23:09:23, March 22, 2015 CET | From | Federal Green Party (FGP) | To | Debating the Income tax proposal of July 3819 |
| Message | This looks like a great proposal! Someone making 18000 SOL a year would pay nothing for Income Taxes. Sounds like a great idea and a way to put money in the pockets of those who need it most! |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes |
Total Seats: 404 | |||
| no | Total Seats: 65 | |||
| abstain | Total Seats: 56 |
| Random fact: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play". |
| Random quote: "It will be years, not in my time, before a woman will become Prime Minister." - Margaret Thatcher |