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Bill: Income tax proposal of December 3969
Details
Submitted by[?]: RISE Movement
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: August 3970
Description[?]:
| The Democratic Unionist Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Solentia. |
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 |
| > 10,000 SOL | 3% | 30,244,000,000 SOL |
| > 30,000 SOL | 18% | 110,983,000,000 SOL |
| > 50,000 SOL | 28% | 108,898,000,000 SOL |
| > 75,000 SOL | 39% | 97,330,000,000 SOL |
| > 100,000 SOL | 45% | 50,002,000,000 SOL |
| > 125,000 SOL | 50% | 18,386,000,000 SOL | Total | 415,843,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 122 | ||||
| no |
Total Seats: 276 | ||||
| abstain |
Total Seats: 27 |
| Random fact: Unless otherwise stated, monarchs and their royal houses will be presumed to be owned by the player who introduced the bill appointing them to their position. |
| Random quote: "Freedom is not America's gift to the world. It is God's gift to humanity. " - George W. Bush |