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Bill: Tax Reforms 3841
Details
Submitted by[?]: Libertarian 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: January 3842
Description[?]:
| The Libertarian Party propose to adjust the government's income tax, sales taxes, corporation tax policies to better address the economic situation of the The Federal Republic of Beluzia. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 4
Current: 0
Proposed: 2
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 22
Current: 10
Proposed: 11
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 24
Current: 10
Proposed: 17
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 |
| > 10,000 BEL | 5% | 20,098,000,000 BEL |
| > 20,000 BEL | 13% | 21,372,000,000 BEL |
| > 30,000 BEL | 22% | 14,122,000,000 BEL |
| > 40,000 BEL | 33% | 9,902,000,000 BEL |
| > 50,000 BEL | 45% | 5,323,000,000 BEL | Total | 70,817,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 600 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: It is not allowed to call more than 5 elections in 5 game years in a nation. The default sanction for a player persisting in the early election tactic will be a seat reset. |
| Random quote: "Benefits should be conferred gradually; and in that way they will taste better." - Niccolo Machiavelli |