We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of August 3516
Details
Submitted by[?]: Encarta 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: April 3517
Description[?]:
| The Encarta Party propose to adjust the government's income tax policy to better address the economic situation of the Federal Democratic People's Republic of Beluzia. With this tax plan, the tax code is far more simpler. While we admit that poorer citizens will now have to pay taxes, it is at a very low amount of only 8 percent which we find reasonable. Through this, we have been able to cut the other brackets down 1 percent in relation to where they were in the old system. This also brings us in approximately 1.7 billion more BEL than the current system. |
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 |
| > 8,000 BEL | 8% | 17,128,000,000 BEL |
| > 12,000 BEL | 17% | 50,803,000,000 BEL |
| > 20,000 BEL | 23% | 47,251,000,000 BEL |
| > 35,000 BEL | 36% | 18,997,000,000 BEL |
| > 50,000 BEL | 48% | 5,661,000,000 BEL | Total | 139,840,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 53 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 46 |
| Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
| Random quote: We are in politics not because we hate our fellow man, but because we love him. ~ Anton Weinreich, General Secretary of the Dorvish Communist Part |