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Bill: Income tax proposal of September 4537
Details
Submitted by[?]: Democratic Centralist 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: May 4538
Description[?]:
| The Democratic Centralist Party propose to adjust the government's income tax policy to better address the economic situation of the United Solentian 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 |
| > 1 SOL | 13% | 36,642,000,000 SOL |
| > 5,000 SOL | 16% | 63,149,000,000 SOL |
| > 12,000 SOL | 21% | 59,202,000,000 SOL |
| > 17,000 SOL | 24% | 96,917,000,000 SOL |
| > 25,000 SOL | 30% | 169,430,000,000 SOL |
| > 40,000 SOL | 28% | 145,962,000,000 SOL |
| > 65,000 SOL | 26% | 97,853,000,000 SOL |
| > 100,000 SOL | 24% | 35,474,000,000 SOL | Total | 704,629,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 03:58:10, February 28, 2019 CET | From |  Social Democratic Party | To | Debating the Income tax proposal of September 4537 |
| Message | DCP needs to read about how progressive tax policy works. The top brackets are supposed to have thre higher rates. This is a middle class tax hike. |
| Date | 17:03:21, February 28, 2019 CET | From | Democratic Centralist Party | To | Debating the Income tax proposal of September 4537 |
| Message | I know how progrsssive tax policy works. We liaised with over departments in our party to assure all parties reunite in the government. |
| Date | 17:03:37, February 28, 2019 CET | From | Democratic Centralist Party | To | Debating the Income tax proposal of September 4537 |
| Message | We* |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 5 | |||
| no |
Total Seats: 69 | |||
| abstain | Total Seats: 1 |
| Random fact: Culturally Open nations can adopt advisory/non-enforceable Nation Descriptions. See http://forum.particracy.net/viewtopic.php?f=5&t=6242 |
| Random quote: "He who will not economize will have to agonize." - Confucius |