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Bill: Income tax proposal of January 2947
Details
Submitted by[?]: Stanton House
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: August 2955
Description[?]:
| The tory ACN 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
Proposal[?] to change Sales tax on luxury goods.
Old value:: 6
Current: 15
Proposed: 5
Article 2
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 |
| > 27,500 BEL | 5% | 1,355,000,000 BEL |
| > 30,000 BEL | 14% | 8,958,000,000 BEL |
| > 40,000 BEL | 20% | 5,979,000,000 BEL |
| > 50,000 BEL | 35% | 3,918,000,000 BEL |
| > 60,000 BEL | 75% | 447,000,000 BEL | Total | 20,657,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 252 | ||
| no | Total Seats: 248 | ||
| abstain | Total Seats: 0 |
| Random fact: Head to the "Language assistance" thread to receive and offer help with translations: http://forum.particracy.net/viewtopic.php?f=5&t=6368 |
| Random quote: "Victory attained by violence is tantamount to a defeat, for it is momentary." - Mahatma Gandhi |