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Bill: Income tax proposal of November 4008
Details
Submitted by[?]: Knights of the People
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: July 4009
Description[?]:
| The Knights of the People propose to adjust the government's income tax policy to better address the economic situation of 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 |
| > 10,000 BEL | 13% | 52,107,000,000 BEL |
| > 20,000 BEL | 20% | 32,779,000,000 BEL |
| > 30,000 BEL | 32% | 20,486,000,000 BEL |
| > 40,000 BEL | 44% | 16,696,000,000 BEL |
| > 55,000 BEL | 60% | 2,284,000,000 BEL | Total | 124,352,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 613 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 137 |
| Random fact: Particracy does not allow official national flags of real-life nations or flags which are very prominent and recognisable (eg. the flags of the European Union, the United Nations, Nazi Germany, the Soviet Union or the Confederate States of America). |
| Random quote: "America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." - Abraham Lincoln |