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Bill: Income tax proposal of October 3298
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: July 3299
Description[?]:
| The Stanton Family (tory) propose to adjust the government's income tax policy to better address the economic situation of the Sovereign County 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 |
| > 5,000 BEL | 5% | 14,037,000,000 BEL |
| > 10,000 BEL | 10% | 23,871,000,000 BEL |
| > 15,000 BEL | 15% | 24,317,000,000 BEL |
| > 20,000 BEL | 20% | 20,546,000,000 BEL |
| > 25,000 BEL | 25% | 15,292,000,000 BEL |
| > 30,000 BEL | 30% | 12,367,000,000 BEL |
| > 35,000 BEL | 36% | 8,206,000,000 BEL |
| > 40,000 BEL | 41% | 7,038,000,000 BEL |
| > 45,000 BEL | 46% | 5,874,000,000 BEL |
| > 50,000 BEL | 52% | 4,165,000,000 BEL |
| > 55,000 BEL | 57% | 2,170,000,000 BEL | Total | 137,883,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 03:07:51, May 05, 2012 CET | From |  Beluz Democratic Karavist Party | To | Debating the Income tax proposal of October 3298 |
| Message | There's a lack of consistency in the rates, and this earns much less than the current system. The Tory Party fails at Finance. Give up. |
| Date | 04:39:56, May 05, 2012 CET | From | Williams Family | To | Debating the Income tax proposal of October 3298 |
| Message | I'm not quite as harsh as the Karavs but I have to say this is isn't good at all. It looks somewhat randomized... And it's not that I'm being biased - I'm surrre you've seen me debate constantly with the Karavs over other proposals. Finance just isn't your thing. :/ |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 17 | ||||
| no |
Total Seats: 82 | ||||
| abstain |
Total Seats: 0 |
| Random fact: The influence a bill has on elections decreases over time, until it eventually is no longer relevant. This can explain shifts in your party's position to the electorate and your visibility. |
| Random quote: "I did not have sexual relations with that woman." - Bill Clinton |