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Bill: Income tax proposal of May 4154
Details
Submitted by[?]: Progressive 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: January 4155
Description[?]:
| We, the Social Democrats, propose to adjust the government's income tax policy to better address the economic situation of Solentia. Jeremiah Breadwood, Presidential Candidate of the SD Jordan Hudson, candidate for Minister of ''Finance'' of the SD Ashley Fox, candidate for Minister of ''Health and Social Services'' of the SD |
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 | 2% | 11,127,000,000 SOL |
| > 9,850 SOL | 8% | 41,357,000,000 SOL |
| > 19,026 SOL | 12% | 42,325,000,000 SOL |
| > 26,408 SOL | 17% | 91,648,000,000 SOL |
| > 41,173 SOL | 23% | 71,590,000,000 SOL |
| > 54,122 SOL | 28% | 56,990,000,000 SOL |
| > 67,072 SOL | 34% | 169,362,000,000 SOL | Total | 484,399,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 18:43:54, January 21, 2017 CET | From |  Progressive Democratic Party | To | Debating the Income tax proposal of May 4154 |
| Message | We, the Social Democrats, propose to adjust the government's income tax policy to better address the economic situation of Solentia. Jeremiah Breadwood, Presidential Candidate of the SD Jordan Hudson, candidate for Minister of ''Finance'' of the SD Ashley Fox, candidate for Minister of ''Health and Social Services'' of the SD |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 155 | ||||
| no |
Total Seats: 345 | ||||
| abstain |
Total Seats: 0 |
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| Random quote: "Fascism is capitalism plus murder." - Upton Sinclair |