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Bill: Income tax proposal of May 3891
Details
Submitted by[?]: Stanton House
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 3892
Description[?]:
| The Stanton House propose to adjust the government's income tax policy to better address the economic situation of the Beluz Socialist Republic. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 1
Article 2
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 |
| > 15,000 BEL | 10% | 16,208,000,000 BEL |
| > 20,000 BEL | 18% | 29,499,000,000 BEL |
| > 30,000 BEL | 30% | 19,196,000,000 BEL |
| > 40,000 BEL | 40% | 6,859,000,000 BEL |
| > 45,000 BEL | 45% | 5,738,000,000 BEL |
| > 50,000 BEL | 50% | 5,890,000,000 BEL | Total | 83,390,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 236 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 214 |
| Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
| Random quote: "Radical left-wing ideologies must be stamped out." - Franklin McCarthy, former Solentian politician |