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Bill: Income tax proposal of May 4632
Details
Submitted by[?]: Majatran Socialist Ba'ath Party
Status[?]: passed
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: January 4633
Description[?]:
| The Working People's Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Solentian Republic (Solentia). |
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 |
| > 30,000 SOL | 9% | 55,506,000,000 SOL |
| > 50,000 SOL | 12% | 36,143,000,000 SOL |
| > 68,000 SOL | 20% | 29,336,000,000 SOL |
| > 80,000 SOL | 23% | 28,401,000,000 SOL |
| > 92,000 SOL | 27% | 55,160,000,000 SOL |
| > 135,000 SOL | 30% | 3,443,000,000 SOL | Total | 207,989,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 11:42:29, September 10, 2019 CET | From |  Majatran Socialist Ba'ath Party | To | Debating the Income tax proposal of May 4632 |
| Message | This is to ease the tax burden on ordinary workers and to redistribute more wealth from the top down. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 524 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 226 |
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| Random quote: "A politician who is poor is a poor politician." - Carlos Hank Gonzalez |