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Bill: Income tax proposal of June 4009
Details
Submitted by[?]: Socialist Party of Solentia (SPS)
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: February 4010
Description[?]:
The United Socialists Resistance (USR) propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Solentia. Right now there is a too big difference of the income between the poor and the rich. We think with this new tax system we can invest more in different policies to help the poor with there economic situation. |
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 | 10% | 55,987,000,000 SOL |
> 20,000 SOL | 15% | 67,017,000,000 SOL |
> 30,000 SOL | 20% | 71,245,000,000 SOL |
> 40,000 SOL | 25% | 64,859,000,000 SOL |
> 50,000 SOL | 30% | 57,297,000,000 SOL |
> 60,000 SOL | 35% | 47,369,000,000 SOL |
> 70,000 SOL | 40% | 48,209,000,000 SOL |
> 80,000 SOL | 45% | 47,317,000,000 SOL |
> 90,000 SOL | 50% | 42,804,000,000 SOL |
> 100,000 SOL | 55% | 68,768,000,000 SOL |
> 130,000 SOL | 60% | 13,651,000,000 SOL | Total | 584,523,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
Date | 19:31:39, April 06, 2016 CET | From | Republican Party | To | Debating the Income tax proposal of June 4009 |
Message | This raises taxes with a surplus budget we refuse to grow government and want to cut the budget and allocate better funds while cutting taxes for better economic growth |
Date | 19:34:12, April 06, 2016 CET | From | Republican Party | To | Debating the Income tax proposal of June 4009 |
Message | This raises taxes with a surplus budget we refuse to grow government and want to cut the budget and allocate better funds while cutting taxes for better economic growth |
Date | 19:40:12, April 06, 2016 CET | From | Socialist Party of Solentia (SPS) | To | Debating the Income tax proposal of June 4009 |
Message | But what is going to happen with the poor. This economic difference between the rich and poor can lead to a split between the people. By raising the taxes we can create a welfare system to help the companies grow to create a faster economical growth as well as helping out the poor. |
Date | 20:38:31, April 06, 2016 CET | From | Republican Party | To | Debating the Income tax proposal of June 4009 |
Message | Everyone should pay a flat tax and equal opportunity. Plus that gives people incentive to work harder since they can keep the money. We already have balanced the budget and are providing more tax cuts. We propose cutting the tax rates to 7% |
Date | 10:11:36, April 07, 2016 CET | From | Socialist Party of Solentia (SPS) | To | Debating the Income tax proposal of June 4009 |
Message | How is it equal if everyone pays the same when there is a big difference between the poor and rich. We need to have higher taxes so we can spend more money helping out the poor. |
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Voting
Vote | Seats | |||
yes | Total Seats: 198 | |||
no |
Total Seats: 322 | |||
abstain |
Total Seats: 230 |
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