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Bill: Income tax proposal of May 3856
Details
Submitted by[?]: Solentian National Party (SNP)
Status[?]: defeated
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: December 3857
Description[?]:
| The Green Party of Solentia propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Solentia. This proposal will give the hardest working and most underprivileged in Solentia a much needed tax break while asking the very wealthy and most fortunate in Solentia to pay a little more. Paired with our other recently unveiled corporate income tax proposal we believe these moves will not be just revenue neutral, but revenue friendly. |
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 |
| > 40,000 SOL | 17% | 76,627,000,000 SOL |
| > 60,000 SOL | 28% | 71,735,000,000 SOL |
| > 80,000 SOL | 45% | 85,935,000,000 SOL |
| > 100,000 SOL | 55% | 81,321,000,000 SOL | Total | 315,618,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 21:45:03, June 05, 2015 CET | From |  Free Democratic Party | To | Debating the Income tax proposal of May 3856 |
| Message | We are for decreasing government revenue in any situation. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 118 | ||||
| no |
Total Seats: 200 | ||||
| abstain |
Total Seats: 86 |
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