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Bill: Income Tax Reform - March 3441
Details
Submitted by[?]: Beluz Democratic Karavist 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: October 3441
Description[?]:
Taxes will be lower on the middle class than they are now, but higher on the upper class than they are now. |
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 |
> 2,500 BEL | 10% | 14,085,000,000 BEL |
> 5,000 BEL | 12% | 16,902,000,000 BEL |
> 7,500 BEL | 14% | 19,539,000,000 BEL |
> 10,000 BEL | 16% | 20,271,000,000 BEL |
> 12,500 BEL | 18% | 20,112,000,000 BEL |
> 15,000 BEL | 20% | 18,089,000,000 BEL |
> 17,500 BEL | 22% | 15,739,000,000 BEL |
> 20,000 BEL | 24% | 13,662,000,000 BEL |
> 22,500 BEL | 26% | 11,892,000,000 BEL |
> 25,000 BEL | 28% | 9,536,000,000 BEL |
> 27,500 BEL | 30% | 8,125,000,000 BEL |
> 30,000 BEL | 32% | 7,294,000,000 BEL |
> 32,500 BEL | 34% | 6,253,000,000 BEL |
> 35,000 BEL | 36% | 4,615,000,000 BEL |
> 37,500 BEL | 38% | 3,782,000,000 BEL |
> 40,000 BEL | 40% | 3,621,000,000 BEL |
> 42,500 BEL | 42% | 3,397,000,000 BEL |
> 45,000 BEL | 44% | 3,107,000,000 BEL |
> 47,500 BEL | 46% | 2,615,000,000 BEL |
> 50,000 BEL | 48% | 2,419,000,000 BEL |
> 52,500 BEL | 50% | 1,473,000,000 BEL |
> 55,000 BEL | 52% | 938,000,000 BEL |
> 57,500 BEL | 54% | 751,000,000 BEL |
> 60,000 BEL | 56% | 333,000,000 BEL |
> 62,500 BEL | 58% | 0 BEL |
> 65,000 BEL | 60% | 0 BEL | Total | 208,550,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 119 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 46 |
Random fact: Cultural Protocols should generally be reflective of RP conducted within the nation and should not significantly alter or modify the ethnic, religious or linguistic composition without considerable and reasonable role-play or other justification. |
Random quote: "Radical left-wing ideologies must be stamped out." - Franklin McCarthy, former Solentian politician |