Senate Legislation Introduction Thread (New)

[𝕭𝖆𝖕𝖙𝖎𝖘𝖙𝖆 𝕸𝖎𝖓𝖔𝖑𝖆]

- SNIP -

Let me make the same clarification amendment I made in the budget thread here as well:

FY2022 and FY2023 Authorizations

1. FY2022 Authorizations

The following legislation shall be effective per FY2022:

Reduction of Childcare Costs Act
$300,000,000

National Silver Alert Act
$25,000,000

Vaccine Production Act
$7,000,000,000

Reduction of Childcare Costs Act
$300,000,000

Farmer Stabilization Act of 2021
$150,000,000

21st Century Civilian Conservation Corps Act
$16,000,000,000

Urban Investment and Redevelopment Act
$390,000,000,000

High Speed Rail Act
$241,250,000,000

Let’s Get Wired Act
$40,000,000,000

Paflagonia Support Act
$100,000,000 [Emergency]

2. FY2023 Authorizations

The following legislation shall take effect in FY2023:

Combating Asian Hate Crimes
$50,000,000

Southwestern Water Conservation Act
$1,375,000,000

Treating Incarcerated Persons Humanely Act
$380,000,000

School Improvement and Jobs Act
$55,000,000,000 (for FY2022 and FY2023)

New Great Society Act
Sec II.: $175,500,000,000
CUBI: $1,260,000,000,000 annually [text shall be amended in the final version of the budget to specify CUBI goes to parents of underage children only]
[Emergency: $32,000,000 shall be re-appropriated to help states and regions improve the commercial driving license process and bolster the number of truckers to alleviate the supply chain crisis.]

Capital Gains Inflation Deduction Act
$15,000,000,000

Hubert H. Humphrey Helping Hand to the Homeless Act
$50,000,000

Total: $2.20280 trillion (between the two years)

[𝕭𝖆𝖕𝖙𝖎𝖘𝖙𝖆 𝕸𝖎𝖓𝖔𝖑𝖆]

I offer this amendment, with the original sponsor's support, so as not to excessively complicate things:

AN ACT
To provide for tax increases on high incomes

Be it enacted by the Senate of the Republic of Atlasia assembled

Section 1. Title

1. This act may be cited as the Funding a Greater Society Act.

Section 2. Tax Changes

Changes to tax brackets:

                     
 by tax bracket:
 0-13K      10%
 13K-50k    15%                   
 50K-130K   25%                     
 130K-210K  29%  31%                
 210K-413K  34%  38%                           
 413K-441K  36%  40%
 441K-2M      40.6% 45%
 5M-10M 48%
 10M+ 52%
 413K+  45%

The Wealth Tax Act is amended as follows:

1. Households of a net worth greater than $50 $25 million shall have a 24 %  annual tax imposed on their net worth.
2. A 2% 4% annual surcharge shall be imposed on net worth greater than $1 billion.
3. A 1% 2.5% annual surcharge shall be imposed on net worth greater than $5 $2 billion.
4. A 1% 2.5% annual surcharge shall be imposed on net worth greater than $10 $6 billion.