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Bill: Income tax proposal of March 4053
Details
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: November 4053
Description[?]:
The Shield 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 |
> 15,000 SOL | 5% | 25,849,000,000 SOL |
> 25,000 SOL | 15% | 84,780,000,000 SOL |
> 40,000 SOL | 30% | 135,254,000,000 SOL |
> 60,000 SOL | 35% | 69,102,000,000 SOL |
> 75,000 SOL | 40% | 99,676,000,000 SOL |
> 100,000 SOL | 49% | 72,400,000,000 SOL |
> 500,000 SOL | 50% | 0 SOL | Total | 487,061,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes | Total Seats: 0 | |||||
no | Total Seats: 409 | |||||
abstain |
Total Seats: 341 |
Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
Random quote: "Capitalism demands the best of every man- his rationality- and rewards him accordingly. It leaves every man free to choose the work he likes, to specialize in it, to trade his product for the products of others, and to go as far on the road of achievement as his ability and ambition will carry him." - Ayn Rand |