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Bill: Income tax proposal of November 4245
Details
Submitted by[?]: Progressive Liberal 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: July 4246
Description[?]:
The Progressive Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Solentian Social Republic. With this tax proposal we protect the low income families in Solentia and get the money from the wealthiest. With a 37% highest tax bracket it stays reasonable. |
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 | 15% | 108,837,000,000 SOL |
> 30,000 SOL | 18% | 139,445,000,000 SOL |
> 58,000 SOL | 25% | 72,348,000,000 SOL |
> 80,000 SOL | 37% | 125,476,000,000 SOL | Total | 446,106,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 84 | ||||
no | Total Seats: 135 | ||||
abstain |
Total Seats: 281 |
Random fact: In cases where a party has no seat, the default presumption should be that the party is able to contribute to debates in the legislature due to one of its members winning a seat at a by-election. However, players may collectively improvise arrangements of their own to provide a satisfying explanation for how parties with no seats in the legislature can speak and vote there. |
Random quote: "Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage." - Niccolo Machiavelli |