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Bill: Income tax proposal of June 4081
Details
Submitted by[?]: Republican 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 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 4083
Description[?]:
| The Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Solentia. We need a tax cut to promote economic growth |
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 |
| > 1 SOL | 1% | 15,708,000,000 SOL |
| > 30,000 SOL | 20% | 212,719,000,000 SOL |
| > 80,000 SOL | 25% | 84,701,000,000 SOL | Total | 313,128,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 16:08:15, August 28, 2016 CET | From | Republican Party | To | Debating the Income tax proposal of June 4081 |
| Message | Please debate this bill |
| Date | 16:09:25, August 28, 2016 CET | From | Party of the Democratic Revolution | To | Debating the Income tax proposal of June 4081 |
| Message | Tax cuts are not the way forward. With an SNP politician being the minister for Finance in this country, she will be proposing an alternative for Solentia |
| Date | 16:13:47, August 28, 2016 CET | From | Republican Party | To | Debating the Income tax proposal of June 4081 |
| Message | It's a proven fact that tax cuts grow the economy |
| Date | 16:14:20, August 28, 2016 CET | From | Republican Party | To | Debating the Income tax proposal of June 4081 |
| Message | At one point we abolished all taxes minus for a 1% corporate tax and we had record economic growth. We also had a balanced budget |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 159 | ||||||
| no |
Total Seats: 349 | ||||||
| abstain |
Total Seats: 242 |
| Random fact: You can view helpful ideological statistics about the regions in your nation on the region pages. You can also view detailed political opinions and the importance of them there as well. |
| Random quote: "Religion, like capitalism, will perish in the end. We estimate the complete Terra-wide extinction of Hosianism as a religious belief by the year 4409, and in Dorvik by 4398." - Friedrich Pfeiffer, former Dorvish politician |