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Bill: Income tax proposal of October 3482
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: June 3483
Description[?]:
| The Stanton House propose to adjust the government's income tax policy to better address the economic situation of the Federal Democratic People's Republic 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 |
| > 7,500 BEL | 14% | 19,580,000,000 BEL |
| > 10,000 BEL | 16% | 20,311,000,000 BEL |
| > 12,500 BEL | 18% | 20,149,000,000 BEL |
| > 15,000 BEL | 20% | 18,119,000,000 BEL |
| > 17,500 BEL | 22% | 15,766,000,000 BEL |
| > 20,000 BEL | 24% | 13,686,000,000 BEL |
| > 22,500 BEL | 26% | 11,911,000,000 BEL |
| > 25,000 BEL | 28% | 9,554,000,000 BEL |
| > 27,500 BEL | 30% | 8,145,000,000 BEL |
| > 30,000 BEL | 32% | 7,316,000,000 BEL |
| > 32,500 BEL | 34% | 6,275,000,000 BEL |
| > 35,000 BEL | 36% | 4,635,000,000 BEL |
| > 37,500 BEL | 38% | 3,801,000,000 BEL |
| > 40,000 BEL | 40% | 3,640,000,000 BEL |
| > 42,500 BEL | 42% | 3,415,000,000 BEL |
| > 45,000 BEL | 44% | 3,124,000,000 BEL |
| > 47,500 BEL | 46% | 2,629,000,000 BEL |
| > 50,000 BEL | 48% | 2,432,000,000 BEL |
| > 52,500 BEL | 50% | 1,482,000,000 BEL |
| > 55,000 BEL | 52% | 943,000,000 BEL |
| > 57,500 BEL | 54% | 755,000,000 BEL |
| > 60,000 BEL | 56% | 335,000,000 BEL |
| > 62,500 BEL | 58% | 0 BEL |
| > 65,000 BEL | 60% | 0 BEL | Total | 178,003,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 01:07:44, May 10, 2013 CET | From | 鑫派 / Xīnpài (Xin Faction) | To | Debating the Income tax proposal of October 3482 |
| Message | OOC: This will put Beluzia in debt. |
| Date | 01:36:57, May 10, 2013 CET | From | Stanton House | To | Debating the Income tax proposal of October 3482 |
| Message | no this will not put in debt look at this bill more close and you will fine that this bill have cove the cut in incomer tax this bill is http://classic.particracy.net/viewbill.php?billid=381222 |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 57 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 42 |
| Random fact: By default the head of government is the ultimate authority within a national government. In general terms, heads of government are expected to consult with cabinet colleagues (including those from other parties) before making significant decisions but they remain responsible for government action. |
| Random quote: "When I see a 9/11 victim family on television, or whatever, I'm just like, "Oh shut up" I'm so sick of them because they're always complaining." - Glenn Beck |