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Bill: Income tax proposal of October 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: June 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% | 4,993,000,000 BEL |
> 15,000 BEL | 9% | 14,582,000,000 BEL |
> 20,000 BEL | 16% | 26,208,000,000 BEL |
> 30,000 BEL | 30% | 19,221,000,000 BEL |
> 40,000 BEL | 41% | 12,302,000,000 BEL |
> 50,000 BEL | 56% | 4,495,000,000 BEL |
> 55,000 BEL | 59% | 1,071,000,000 BEL |
> 57,500 BEL | 61% | 854,000,000 BEL |
> 60,000 BEL | 63% | 377,000,000 BEL | Total | 84,103,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
Date | 10:38:47, May 01, 2014 CET | From | Freedom Party | To | Debating the Income tax proposal of October 3659 |
Message | Cutting the second to bottom rate of tax by 1%. |
Date | 10:43:07, May 01, 2014 CET | From | Freedom Party | To | Debating the Income tax proposal of October 3659 |
Message | This'll be the final tax cut before the elction. Once this has passed the Finance Minister, Laci Green, will propose how best to spend the remaining surplus. |
Date | 11:17:19, May 01, 2014 CET | From | Freedom Party | To | Debating the Income tax proposal of October 3659 |
Message | OOC: election* |
Date | 11:58:51, May 01, 2014 CET | From | Freedom Party | To | Debating the Income tax proposal of October 3659 |
Message | OOC: election* |
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Voting
Vote | Seats | |||||
yes | Total Seats: 419 | |||||
no | Total Seats: 0 | |||||
abstain |
Total Seats: 331 |
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