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Bill: Income tax proposal of May 4276
Details
Submitted by[?]: Centrist Party of Solentia
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: November 4278
Description[?]:
| The Centrist Party of Solentia 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% | 19,728,000,000 SOL |
| > 10,000 SOL | 14% | 111,761,000,000 SOL |
| > 25,000 SOL | 20% | 80,578,000,000 SOL |
| > 35,000 SOL | 24% | 38,806,000,000 SOL |
| > 40,000 SOL | 26% | 67,454,000,000 SOL |
| > 50,000 SOL | 32% | 61,117,000,000 SOL |
| > 60,000 SOL | 35% | 156,317,000,000 SOL |
| > 100,000 SOL | 39% | 57,636,000,000 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 | 593,397,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 14:27:25, September 26, 2017 CET | From |  Centrist Party of Solentia | To | Debating the Income tax proposal of May 4276 |
| Message | IGNORE THIS PROPOSAL |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 0 | |||
| no |
Total Seats: 350 | |||
| abstain | Total Seats: 161 |
| Random fact: Information about the population of each country can be found on the Population Information thread: http://forum.particracy.net/viewtopic.php?f=5&t=8663 |
| Random quote: "In a sense we have come to our nation's capital to cash a cheque. When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir. This note was a promise that all men, yes, black men as well as white men, would be guaranteed the unalienable rights of life, liberty, and the pursuit of happiness." - Martin Luther King Jr. |