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Bill: Income tax proposal of June 2924
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: February 2925
Description[?]:
| The Whig Party propose to adjust the government's income tax policy to better address the economic situation of the United Federation 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 |
| > 20,000 BEL | 1% | 1,642,000,000 BEL |
| > 30,000 BEL | 14% | 8,973,000,000 BEL |
| > 40,000 BEL | 20% | 5,989,000,000 BEL |
| > 50,000 BEL | 25% | 2,949,000,000 BEL | Total | 19,553,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 307 | |
| no | Total Seats: 193 | |
| abstain | Total Seats: 0 |
| Random fact: For more information on Particracy's former colonial nations, check out http://forum.particracy.net/viewtopic.php?f=5&t=6640 |
| Random quote: "I think the environment should be put in the category of our national security. Defense of our resources is just as important as defense abroad. Otherwise, what is there to defend?" - Robert Redford |