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Bill: Income Tax Act (2408)
Details
Submitted by[?]: Beluzian Workers 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: June 2409
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. Suggestions welcome. |
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 |
| > 12,000 BEL | 5% | 16,760,000,000 BEL |
| > 21,500 BEL | 10% | 6,665,000,000 BEL |
| > 25,001 BEL | 15% | 9,191,000,000 BEL |
| > 30,001 BEL | 20% | 8,257,000,000 BEL |
| > 35,001 BEL | 25% | 5,707,000,000 BEL |
| > 40,001 BEL | 30% | 5,156,000,000 BEL |
| > 45,001 BEL | 35% | 8,605,000,000 BEL | Total | 60,341,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 12:01:22, May 23, 2007 CET | From | Constitutional Monarchy Party | To | Debating the Income Tax Act (2408) |
| Message | I will support |
| Date | 17:20:56, May 23, 2007 CET | From | Beluzian Workers Party | To | Debating the Income Tax Act (2408) |
| Message | Thank you! |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 429 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 321 |
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