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Bill: Income tax proposal of November 3055
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: July 3056
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 essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 1
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 4
Current: 10
Proposed: 8
Article 3
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 |
| > 42,500 BEL | 22% | 5,715,000,000 BEL |
| > 52,500 BEL | 45% | 2,777,000,000 BEL |
| > 60,000 BEL | 50% | 298,000,000 BEL | Total | 8,790,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 21:52:54, January 04, 2011 CET | From | Stanton House | To | Debating the Income tax proposal of November 3055 |
| Message | i am look as way of mande monre monery so i can incner the budget |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 600 | |||
| no | Total Seats: 0 | |||
| 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: "In America today, you can murder land for private profit. You can leave the corpse for all to see, and nobody calls the cops." - Paul Brooks |