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Bill: Income tax proposal of May 3086
Details
Submitted by[?]: Beluzian National 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: January 3087
Description[?]:
| The Beluzian National 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 |
| > 10,000 BEL | 15% | 35,786,000,000 BEL |
| > 15,000 BEL | 18% | 29,174,000,000 BEL |
| > 20,000 BEL | 21% | 21,570,000,000 BEL |
| > 25,000 BEL | 24% | 14,681,000,000 BEL |
| > 30,000 BEL | 27% | 11,126,000,000 BEL |
| > 35,000 BEL | 30% | 6,834,000,000 BEL |
| > 40,000 BEL | 33% | 5,659,000,000 BEL |
| > 45,000 BEL | 36% | 4,590,000,000 BEL |
| > 50,000 BEL | 39% | 3,116,000,000 BEL |
| > 55,000 BEL | 42% | 1,342,000,000 BEL |
| > 60,000 BEL | 45% | 267,000,000 BEL | Total | 134,145,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 619 | |
| no |
Total Seats: 131 | |
| abstain |
Total Seats: 0 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: "You don't have to explain something you never said." - Calvin Coolidge |