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Bill: Income tax proposal of April 3822
Details
Submitted by[?]: Communist Party of Solentia (CPS)
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: December 3822
Description[?]:
| The Social-Democratic party (SDP) propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Solentia. Estimated surplus after the tax cut is 3.48 billion SOL. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 0
Proposed: 3
Article 2
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 |
| > 30,000 SOL | 15% | 121,223,000,000 SOL |
| > 60,000 SOL | 30% | 108,503,000,000 SOL |
| > 90,000 SOL | 40% | 93,496,000,000 SOL | Total | 323,222,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 14:19:17, March 28, 2015 CET | From | Free Democratic Party | To | Debating the Income tax proposal of April 3822 |
| Message | "The SDP has done the correct action in the current situation. Way to go! You supported freedom." ~Amy Smith, Secondary Chairman of the LPS |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 304 | |||
| no | Total Seats: 63 | |||
| abstain |
Total Seats: 158 |
| Random fact: Cultural Protocol bills must provide a real-life equivalent or short description for the ethnic groups, languages and religions contained in them, such that it would be easy for an unfamiliar player to understand (e.g. "Dundorfian = German"). Where appropriate, they should also provide guidance to players on where to find help with translations and character names. This might include, for example, links to Google Translate, Behind the Name's Random Name Generator and Fantasy Name Generators. |
| Random quote: "A lie told often enough becomes the truth." - Vladimir Lenin |