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Bill: Income tax proposal of July 3659
Details
Submitted by[?]: Freedom 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: March 3660
Description[?]:
| The Freedom 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 |
| > 12,750 BEL | 5% | 5,009,000,000 BEL |
| > 15,000 BEL | 10% | 16,257,000,000 BEL |
| > 20,000 BEL | 16% | 26,298,000,000 BEL |
| > 30,000 BEL | 30% | 19,254,000,000 BEL |
| > 40,000 BEL | 41% | 12,300,000,000 BEL |
| > 50,000 BEL | 56% | 4,491,000,000 BEL |
| > 55,000 BEL | 59% | 1,069,000,000 BEL |
| > 57,500 BEL | 61% | 852,000,000 BEL |
| > 60,000 BEL | 63% | 376,000,000 BEL | Total | 85,906,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 23:49:52, April 30, 2014 CET | From | Freedom Party | To | Debating the Income tax proposal of July 3659 |
| Message | Reducing the bottom rate of tax by 1%. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 403 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 347 |
| Random fact: Particracy does not allow official national flags of real-life nations or flags which are very prominent and recognisable (eg. the flags of the European Union, the United Nations, Nazi Germany, the Soviet Union or the Confederate States of America). |
| Random quote: "In politics, madame, you need two things: friends, but above all an enemy." - Brian Mulroney |