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Bill: Income tax proposal of December 3966
Details
Submitted by[?]: Free Democratic Party
Status[?]: defeated
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: August 3967
Description[?]:
| We are trying to phase out the income tax |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 1
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 0
Proposed: 15
Article 3
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 |
| > 1 SOL | 9% | 267,656,000,000 SOL | Total | 267,656,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 18:19:39, January 12, 2016 CET | From |  RISE Movement | To | Debating the Income tax proposal of December 3966 |
| Message | Phase out income tax? What will you do next? Scrap education? Maybe healthcare? Or welfare? |
| Date | 00:19:23, January 13, 2016 CET | From | Free Democratic Party | To | Debating the Income tax proposal of December 3966 |
| Message | We want a national sales tax. We'd rather tax consumption than assets. |
| Date | 00:19:27, January 13, 2016 CET | From | Revolutionary Zennyist Party | To | Debating the Income tax proposal of December 3966 |
| Message | Calling it now: After, SFP is going to propose massive budget cuts, saying "WELL WE HAVE A DEFICIT" |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 93 | ||||||
| no |
Total Seats: 306 | ||||||
| abstain |
Total Seats: 26 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: "The only difference between the Republican and Democratic parties is the velocities with which their knees hit the floor when corporations knock on their door. That's the only difference." - Ralph Nader |