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Bill: Amendment to the Income Tax Act (2514)
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: September 2514
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. This will result in a net savings of 6.7 billion BEL for those who earn less than 25,500 BEL per year. |
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 |
| > 18,000 BEL | 10% | 16,698,000,000 BEL |
| > 25,500 BEL | 24% | 19,272,000,000 BEL |
| > 33,000 BEL | 34% | 15,219,000,000 BEL |
| > 42,000 BEL | 40% | 13,799,000,000 BEL | Total | 64,988,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 390 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 360 |
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