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Bill: Income tax proposal of January 2485
Details
Submitted by[?]: Constitutional Monarchy 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: March 2486
Description[?]:
| The Whig 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 |
| > 16,500 BEL | 16% | 16,905,000,000 BEL |
| > 20,000 BEL | 20% | 45,666,000,000 BEL |
| > 40,000 BEL | 25% | 10,445,000,000 BEL | Total | 73,016,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 17:42:04, November 12, 2007 CET | From | Constitutional Monarchy Party | To | Debating the Income tax proposal of January 2485 |
| Message | What is the opinion on this one? I havent moved the lowest boundary, and have lowered that group by 1%, I have created the two higher bands and taxed them as i saw fit. |
| Date | 19:57:00, November 12, 2007 CET | From | Beluzian Workers Party | To | Debating the Income tax proposal of January 2485 |
| Message | The middle class will see the biggest hit (20000-40000) - I still urge the Finance Ministry to examine deeper cuts to the budget instead of increasing taxes. |
| Date | 20:07:05, November 12, 2007 CET | From | People's Populist Party - Zogist Mafia | To | Debating the Income tax proposal of January 2485 |
| Message | Cut taxes for the poor/working classes and sky-rocket spending, deficit be damned! Then the People will be rich and happy, and we can invade Rutania to pay off any debts!! |
| Date | 20:08:04, November 12, 2007 CET | From | People's Populist Party - Zogist Mafia | To | Debating the Income tax proposal of January 2485 |
| Message | No taxes on work! Tax the social parasites and unionists instead! |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 423 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 327 |
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| Random quote: "He who controls the past, commands the future. He who commands the future, conquers the past." - Kane; Command and Conquer: Red Alert |