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Bill: Income tax proposal of March 3290
Details
Submitted by[?]: Stanton House
Status[?]: defeated
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: September 3291
Description[?]:
The tory ACN propose to adjust the government's income tax policy to better address the economic situation of the Sovereign County of Beluzia. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 0
Proposed: 0
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 |
> 15,000 BEL | 15% | 39,746,000,000 BEL |
> 25,000 BEL | 25% | 31,292,000,000 BEL |
> 40,000 BEL | 40% | 11,968,000,000 BEL |
> 50,000 BEL | 50% | 5,608,000,000 BEL |
> 60,000 BEL | 60% | 358,000,000 BEL | Total | 88,972,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
Date | 12:05:34, April 17, 2012 CET | From | Stanton House | To | Debating the Income tax proposal of March 3290 |
Message | this murdch fair cand as give made more tax and will ar run on a supmert so i cut sales tax for essential |
Date | 14:24:36, April 17, 2012 CET | From | Beluz Democratic Karavist Party | To | Debating the Income tax proposal of March 3290 |
Message | Those tax rates are crazy. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 243 | ||||
no | Total Seats: 282 | ||||
abstain |
Total Seats: 225 |
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