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Bill: Fair Taxation
Details
Submitted by[?]: United Workers 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: November 4596
Description[?]:
| I have decided to remove taxation to the poor, lower it for the middle class and increase it for the rich. -Sen. Bertie Sanders |
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 |
| > 20,000 SOL | 2% | 12,865,000,000 SOL |
| > 35,000 SOL | 4% | 16,897,000,000 SOL |
| > 50,000 SOL | 8% | 20,995,000,000 SOL |
| > 65,000 SOL | 12% | 22,294,000,000 SOL |
| > 80,000 SOL | 14% | 26,780,000,000 SOL |
| > 100,000 SOL | 16% | 23,697,000,000 SOL | Total | 123,528,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 02:41:48, June 25, 2019 CET | From | New Democrats on the block | To | Debating the Fair Taxation |
| Message | That elimiates the less than 5000 bracket. I was targeting that next !! |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 247 | ||
| no |
Total Seats: 498 | ||
| abstain | Total Seats: 0 |
| Random fact: If you have a question, post it on the forum. Game Moderators and other players will be happy to help you. http://forum.particracy.net/ |
| Random quote: "Under capitalism, man exploits man. Under communism, it's just the opposite." - John Kenneth Galbraith |