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Bill: Income tax proposal of May 3630
Details
Submitted by[?]: Liberal Democratic Party
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: January 3631
Description[?]:
| The Liberal Democratic Party 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 |
| > 12,500 BEL | 5% | 5,597,000,000 BEL |
| > 15,000 BEL | 7% | 11,355,000,000 BEL |
| > 20,000 BEL | 14% | 22,951,000,000 BEL |
| > 30,000 BEL | 33% | 21,118,000,000 BEL |
| > 40,000 BEL | 50% | 14,960,000,000 BEL |
| > 50,000 BEL | 56% | 4,484,000,000 BEL |
| > 55,000 BEL | 62% | 1,123,000,000 BEL |
| > 57,500 BEL | 66% | 1,316,000,000 BEL | Total | 82,904,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 14:11:52, March 02, 2014 CET | From | Liberal Democratic Party | To | Debating the Income tax proposal of May 3630 |
| Message | We ask wverybody to endorse this bill, because it is more friendly to poor people and also will make the economic situation of Beluzia better. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 0 | ||
| no |
Total Seats: 750 | ||
| abstain |
Total Seats: 0 |
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