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Bill: Taxation gap fix
Details
Submitted by[?]: Social-Democratic Party
Status[?]: passed
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: July 4133
Description[?]:
| The Social-Democratic Party hereby proposes to fix the gap in the income tax policy |
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 |
| > 5,000 SOL | 8% | 33,768,000,000 SOL |
| > 12,500 SOL | 12% | 50,196,000,000 SOL |
| > 20,000 SOL | 14% | 76,463,000,000 SOL |
| > 32,500 SOL | 16% | 40,928,000,000 SOL |
| > 40,000 SOL | 20% | 40,520,000,000 SOL |
| > 47,500 SOL | 24% | 38,238,000,000 SOL |
| > 55,000 SOL | 28% | 44,411,000,000 SOL |
| > 65,000 SOL | 32% | 40,513,000,000 SOL |
| > 75,000 SOL | 36% | 89,566,000,000 SOL |
| > 100,000 SOL | 40% | 58,943,000,000 SOL | Total | 513,546,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 19:09:37, December 09, 2016 CET | From | Social-Democratic Party | To | Debating the Taxation gap fix |
| Message | I saw a pretty big tax gap in the taxation table and here is the solution. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 372 | ||||
| no | Total Seats: 31 | ||||
| abstain |
Total Seats: 97 |
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