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Bill: Tax proposal of March 3789
Details
Submitted by[?]: Beiteynu Hosian 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 not pass any sooner than the deadline.
Voting deadline: November 3789
Description[?]:
The Beiteynu Hosian Party propose to adjust the government's income tax policy to better address the economic situation of the Holy State of Beiteynu. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 32
Current: 18
Proposed: 24
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 10
Proposed: 1
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 19
Proposed: 45
Article 4
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 |
> 5,500 BEI | 6% | 22,414,000,000 BEI |
> 12,000 BEI | 30% | 410,660,000,000 BEI |
> 40,000 BEI | 50% | 378,725,000,000 BEI |
> 80,000 BEI | 75% | 441,149,000,000 BEI | Total | 1,252,948,000,000 BEI |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 340 | |
no |
Total Seats: 20 | |
abstain | Total Seats: 0 |
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