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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% | 19,762,000,000 SOL |
| > 10,000 SOL | 14% | 111,949,000,000 SOL |
| > 25,000 SOL | 20% | 80,710,000,000 SOL |
| > 35,000 SOL | 24% | 38,877,000,000 SOL |
| > 40,000 SOL | 26% | 67,569,000,000 SOL |
| > 50,000 SOL | 32% | 61,235,000,000 SOL |
| > 60,000 SOL | 35% | 156,703,000,000 SOL |
| > 100,000 SOL | 39% | 57,740,000,000 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 | 594,545,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 312 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Party candidates for head of state elections are not visible to the public. This means that you cannot see who will run and who will not, which adds another strategic element to the elections. |
| Random quote: "I don't believe you need to be bitch to succeed in business" - Lucinda Redwood, former Luthorian-Dorvish businesswoman |