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Bill: Income tax proposal of March 3100
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: November 3100
Description[?]:
The tory ACN propose to adjust the government's income tax policy to better address the economic situation of the National State of Beluzia. |
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 |
> 15,000 BEL | 10% | 16,226,000,000 BEL |
> 20,000 BEL | 25% | 25,710,000,000 BEL |
> 25,000 BEL | 27% | 16,544,000,000 BEL |
> 30,000 BEL | 30% | 12,395,000,000 BEL |
> 35,000 BEL | 32% | 7,321,000,000 BEL |
> 40,000 BEL | 35% | 6,031,000,000 BEL |
> 45,000 BEL | 37% | 4,741,000,000 BEL |
> 50,000 BEL | 40% | 3,213,000,000 BEL |
> 55,000 BEL | 52% | 1,671,000,000 BEL |
> 60,000 BEL | 60% | 359,000,000 BEL | Total | 94,211,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 395 | |
no | Total Seats: 0 | |
abstain | Total Seats: 355 |
Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
Random quote: "Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice." - Ayn Rand |