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Bill: Tax Reform Plan
Details
Submitted by[?]: Beluzian Coalition of the Regions
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: August 3921
Description[?]:
It's this Government's intention to reform the finacial position of the Federation. First step will be to increase the state's income. Lauren Distman Minister of Finance |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 10
Proposed: 15
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 5
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 10
Proposed: 15
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 |
> 13,000 BEL | 15% | 78,032,000,000 BEL | Total | 78,032,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
Date | 16:45:26, October 12, 2015 CET | From | Bailonese Council Communist Party (BCCP) | To | Debating the Tax Reform Plan |
Message | Although we do not support a sales tax on essential goods, we support all others. |
Date | 17:28:38, October 12, 2015 CET | From | National Liberal Party | To | Debating the Tax Reform Plan |
Message | Agree with the EPB |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 241 | |||||
no | Total Seats: 0 | |||||
abstain |
Total Seats: 209 |
Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
Random quote: "Morality is simply the attitude we adopt towards people whom we personally dislike." - Oscar Wilde |