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Bill: Income tax proposal of December 3574
Details
Submitted by[?]: Beluzian Republic Independence 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: February 3576
Description[?]:
The Open-Confederalists and Liberal propose to adjust the government's income tax policy to better address the economic situation of the The Federal 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 |
> 10,000 BEL | 8% | 19,079,000,000 BEL |
> 15,000 BEL | 12% | 19,445,000,000 BEL |
> 20,000 BEL | 18% | 29,485,000,000 BEL |
> 30,000 BEL | 32% | 20,469,000,000 BEL |
> 40,000 BEL | 43% | 12,869,000,000 BEL |
> 50,000 BEL | 58% | 6,851,000,000 BEL | Total | 108,198,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
Date | 18:07:02, November 11, 2013 CET | From | Beluzian Republic Independence Party | To | Debating the Income tax proposal of December 3574 |
Message | We propose this small taxation cut which will mean that with current spending we will have a surplus of 38.389.468.344. We will however restructure our government spending which we will propose after some deliberation |
Date | 18:17:42, November 11, 2013 CET | From | Beluzian Republic Independence Party | To | Debating the Income tax proposal of December 3574 |
Message | With my new spending proposal we will have a surplus of 28.889.468.344 |
Date | 16:54:33, November 12, 2013 CET | From | Republican Democratic Nationalist Party | To | Debating the Income tax proposal of December 3574 |
Message | Its simply unfair that the the government take more that 50% of someones earning, irrespective of there economic status. I mean the person who earns also has to contrubute and work hard to achieve there desired financial positions an the govt can just take most of it away. |
Date | 18:10:05, November 12, 2013 CET | From | Beluzian Republic Independence Party | To | Debating the Income tax proposal of December 3574 |
Message | So what you want is that the poor are taxed more than the rich. We cant just let that happen. The polirasation will be much greater. In the society everyone has to contribute. We also want lower taxes for everyone but not while harming our spending programs. |
Date | 18:15:10, November 12, 2013 CET | From | Republican Democratic Nationalist Party | To | Debating the Income tax proposal of December 3574 |
Message | No , I DID NOT say that. RDNP would prefer a justified Tax distribution where the Government can tax at maximun 50% of an individuals income. |
Date | 18:28:15, November 12, 2013 CET | From | United People's Party | To | Debating the Income tax proposal of December 3574 |
Message | There could have been just a 2% reduction in the >15000 and >30000 BEL group, that would have been sufficient. Nevertheless, we are in complete agreement of the bill, and laud the Finance Minister's efforts at bringing down taxes, yet retaining a healthy surplus! Good work! This would be a definite boost to our economy and for our social life! |
Date | 18:38:20, November 12, 2013 CET | From | Republican Democratic Nationalist Party | To | Debating the Income tax proposal of December 3574 |
Message | We do not agree with the extent of the bill however we too appreciate the Finance Ministers effort to reduce taxes. So we Vote yes |
Date | 18:56:39, November 12, 2013 CET | From | Beluzian Republic Independence Party | To | Debating the Income tax proposal of December 3574 |
Message | I will not promise anything but I can say that if we view taxes could be cut we will do that in the future. This isn't just a one time tax cut for the next generations. If you ever view that extra tax cuts are needed, you can just ask me in private. I am open to all suggestions Finance Minister Vanroozendaal |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 166 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 117 |
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