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Bill: Income tax proposal of October 4357
Details
Submitted by[?]: Faschistische Union
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: June 4358
Description[?]:
The Faschistische Nationalbewegung propose to adjust the government's income tax policy to better address the economic situation of the United Solentian Republic. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 17
Current: 0
Proposed: 20
Article 2
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 |
> 3,000 SOL | 10% | 67,813,000,000 SOL |
> 15,000 SOL | 15% | 108,992,000,000 SOL |
> 30,000 SOL | 25% | 351,250,000,000 SOL | Total | 528,055,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 386 | ||||
no | Total Seats: 44 | ||||
abstain |
Total Seats: 120 |
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