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Bill: Income tax proposal of June 4211
Details
Submitted by[?]: Social Democratic Party (SDP)
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: February 4212
Description[?]:
The Social Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Solentian Social Republic. |
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 | 1% | 2,785,000,000 SOL |
> 20,000 SOL | 15% | 141,724,000,000 SOL |
> 45,000 SOL | 35% | 317,200,000,000 SOL | Total | 461,709,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
Date | 23:43:49, May 15, 2017 CET | From | Social Democratic Party (SDP) | To | Debating the Income tax proposal of June 4211 |
Message | We need to simplify taxation scales. In our proposal the taxes go down for most of the people without losing any income. This is necessary to stimulate the purchasing power of the working people. |
Date | 01:23:59, May 17, 2017 CET | From | Republican Party | To | Debating the Income tax proposal of June 4211 |
Message | These taxes are too high. We oppose a tax increase. Taxes are low as they are |
Date | 01:24:24, May 17, 2017 CET | From | Republican Party | To | Debating the Income tax proposal of June 4211 |
Message | We support the tax cur |
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Voting
Vote | Seats | |||
yes |
Total Seats: 553 | |||
no |
Total Seats: 156 | |||
abstain | Total Seats: 40 |
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