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Bill: Income tax proposal of September 4544
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: July 4545
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. These are DCP terms based on party’s ideologies. This is not part of DCP-BDL compromise coalition agreement. |
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 | 25% | 393,618,000,000 SOL |
> 30,000 SOL | 30% | 185,206,000,000 SOL |
> 50,000 SOL | 35% | 114,556,000,000 SOL |
> 70,000 SOL | 45% | 101,922,000,000 SOL |
> 90,000 SOL | 45% | 105,276,000,000 SOL | Total | 900,578,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
Date | 02:15:03, March 14, 2019 CET | From | Democratic Centralist Party | To | Debating the Income tax proposal of September 4544 |
Message | We have more than enough funding to implement more tax brackets. We believe this proposal will generate the most income, being fairer to people with a lower income. We have also proposed lower sales taxes so that all people rich, working class and poor, can live a more affordable quality of life. DCP |
Date | 11:08:25, March 14, 2019 CET | From | Liberal Party | To | Debating the Income tax proposal of September 4544 |
Message | LP agree with this proposal. Jovicic N. |
Date | 14:48:49, March 14, 2019 CET | From | Social Democratic Party | To | Debating the Income tax proposal of September 4544 |
Message | This taxes poor Solentians way too much. |
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Voting
Vote | Seats | |||
yes | Total Seats: 15 | |||
no | Total Seats: 52 | |||
abstain |
Total Seats: 8 |
Random fact: Don't vote yes on a cabinet coalition that doesn't give you the power that you deserve. |
Random quote: Henceforth, the current system of first and second class stamps, where the rich can pay to have their mail delivered faster than the poor, shall be BANNED. There shall be only one class of mail delivery, and ALL mail shall travel at the SAME speed for EVERYBODY. There can be no class discrimination in the People's Post Office! There must be the SAME class of mail service FOR ALL! ~ Friedrich Pfeiffer General Secretary of the Dorvish Communist Party |