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Bill: Income tax proposal of April 4214
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: September 4215
Description[?]:
| The Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Solentian Social Republic. Because of our budget surplus it's time to implement tax cuts for all. People under 25,000 SOL get to pay no tax and tax rates have been lowered to 8 and 15%. This helps grow investment and 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 |
| > 25,000 SOL | 8% | 74,235,000,000 SOL |
| > 55,000 SOL | 15% | 102,561,000,000 SOL | Total | 176,796,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 16:03:54, May 21, 2017 CET | From |  Social Democratic Party (SDP) | To | Debating the Income tax proposal of April 4214 |
| Message | We as Social Democrats think that we should use the big surplus to invest in other departments then the military. Militairy spending is already to high in comparison to other departments |
| Date | 00:01:01, May 22, 2017 CET | From | Republican Party | To | Debating the Income tax proposal of April 4214 |
| Message | Why do you reject tax cuts for the middle and working class? |
| Date | 13:38:47, May 23, 2017 CET | From | Social Democratic Party (SDP) | To | Debating the Income tax proposal of April 4214 |
| Message | Reject a tax cut for the middle and working class? The taxes are going up for people earning less then 15000 SOL. Now they are paying 1%. With the new proposal it's 8% |
| Date | 16:49:23, May 23, 2017 CET | From | Republican Party | To | Debating the Income tax proposal of April 4214 |
| Message | No they are paying 0% its greater than 25,000 |
| Date | 16:58:04, May 23, 2017 CET | From | Social Democratic Party (SDP) | To | Debating the Income tax proposal of April 4214 |
| Message | Yeah I saw my mistake but from 15000 to 25000 they are are paying 8%. With the current tax scale they're paying 1% |
| Date | 18:24:47, May 23, 2017 CET | From | Social Democratic Party (SDP) | To | Debating the Income tax proposal of April 4214 |
| Message | My bad. It's not my day.. Taxation under 25000SOL stays 0% indeed. Nonetheless we vote against this bill |
| Date | 01:06:41, May 24, 2017 CET | From | Republican Party | To | Debating the Income tax proposal of April 4214 |
| Message | Why would you vote against a tax cut? |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 301 | |||
| no | Total Seats: 262 | |||
| abstain |
Total Seats: 187 |
| Random fact: "Jezvraljogadsrlji" means "Social" in the Jelbic languages. |
| Random quote: "A prince never lacks legitimate reasons to break his promise." - Niccolo Machiavelli |