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Bill: Income Tax Act (2406)
Details
Submitted by[?]: Beluzian 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: April 2407
Description[?]:
| The Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the United Kingdom of Beluzia and Bailon. |
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 |
| > 10,000 BEL | 10% | 23,915,000,000 BEL |
| > 15,000 BEL | 25% | 40,611,000,000 BEL |
| > 20,000 BEL | 35% | 57,481,000,000 BEL |
| > 30,000 BEL | 45% | 28,857,000,000 BEL |
| > 40,000 BEL | 60% | 25,070,000,000 BEL | Total | 175,934,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 21:36:40, May 18, 2007 CET | From | Imperialist Party | To | Debating the Income Tax Act (2406) |
| Message | I like the fact that there are less brackets, but i cant vote yes for this. 60% tax is too much for high income... it should be halved... |
| Date | 12:18:51, May 19, 2007 CET | From | People's Populist Party - Zogist Mafia | To | Debating the Income Tax Act (2406) |
| Message | This is an outrage against the People! Anyone making less than 50,000 BEL should pay nothing in taxes! What sort of "liberal" party is this? |
| Date | 19:37:55, May 19, 2007 CET | From | Beluzian Workers Party | To | Debating the Income Tax Act (2406) |
| Message | Very few people in the country earn more than 50,000 per year. I'm more than willing to reduce the income tax if we can agree that the budget needs further cuts in expenditures. Otherwise, this represents the cost of the present government to the people. |
| Date | 21:03:35, May 19, 2007 CET | From | Constitutional Monarchy Party | To | Debating the Income Tax Act (2406) |
| Message | The Whigs will support the bill. |
| Date | 13:22:22, May 20, 2007 CET | From | LiberalDemocraticFreedomTaxAndSpendParty | To | Debating the Income Tax Act (2406) |
| Message | I'm opposed to this because I like my own tax brackets. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 99 | |||
| no |
Total Seats: 486 | |||
| abstain |
Total Seats: 165 |
| Random fact: "Kubrk" is a Jelbic word that has the colloquial meaning "old man" or "geezer". |
| Random quote: "A liberal is a man or a woman or a child who looks forward to a better day, a more tranquil night, and a bright, infinite future." - Leonard Bernstein |