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Bill: Eliminating the Income Tax
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: September 4013
Description[?]:
| The Libertarian 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
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 0
Proposed: 12
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 5
Current: 0
Proposed: 0
Article 3
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 0
Proposed: 8
Article 4
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 |
| > 10,000,000 SOL | 1% | 0 SOL | Total | 0 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 23:47:24, April 13, 2016 CET | From |  Socialist Equality Party | To | Debating the Eliminating the Income Tax |
| Message | We would only vote in favour of this if taxes on essential goods weren't raised that much and if a minimum wage was established to allow people to live well above the poverty line. |
| Date | 23:48:20, April 13, 2016 CET | From | Free Democratic Party | To | Debating the Eliminating the Income Tax |
| Message | If we have too much of a surplus, we will lower the tax on non-essentials. |
| Date | 02:29:34, April 14, 2016 CET | From | Republican Party | To | Debating the Eliminating the Income Tax |
| Message | This increases the luxury tax and reduces rates to 0. Even as a supply side economics believer this is too far |
| Date | 02:45:26, April 14, 2016 CET | From | Free Democratic Party | To | Debating the Eliminating the Income Tax |
| Message | This is not too far. It makes sense. Let's only tax consumption. |
| Date | 05:14:12, April 14, 2016 CET | From | Socialist Equality Party | To | Debating the Eliminating the Income Tax |
| Message | This is odd for me to say, but I agree with the republicans. Eliminating income taxes is going way too far. I do not believe consumption will be enough |
| Date | 05:15:24, April 14, 2016 CET | From | Republican Party | To | Debating the Eliminating the Income Tax |
| Message | Thank you for supporting bipartisanship. We republicans want to work to help the middle class |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 237 | ||||
| no | Total Seats: 513 | ||||
| abstain |
Total Seats: 0 |
| Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
| Random quote: "For among other evils caused by being disarmed, it renders you contemptible; which is one of those disgraceful things which a prince must guard against." - Niccolo Machiavelli |