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Bill: Income tax proposal of February 4266
Details
Submitted by[?]: Austonean Social Democrats
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: October 4266
Description[?]:
| The Austonean Socialist 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 |
| > 5,000 SOL | 7% | 19,751,000,000 SOL |
| > 10,000 SOL | 14% | 111,884,000,000 SOL |
| > 25,000 SOL | 20% | 80,669,000,000 SOL |
| > 35,000 SOL | 24% | 38,857,000,000 SOL |
| > 40,000 SOL | 26% | 67,536,000,000 SOL |
| > 50,000 SOL | 32% | 61,196,000,000 SOL |
| > 60,000 SOL | 35% | 156,472,000,000 SOL |
| > 100,000 SOL | 39% | 57,661,000,000 SOL |
| > 250,000 SOL | 43% | 0 SOL |
| > 500,000 SOL | 45% | 0 SOL |
| > 1,000,000 SOL | 47% | 0 SOL |
| > 1,000,000,000 SOL | 49% | 0 SOL | Total | 594,026,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 312 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Whilst the use of non-English languages can be appropriate for nation names, party names, constitutional titles and other variables, English is the official language of communication in the game. All descriptive texts and public communications should be in English or at least appear alongside a full English translation. |
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