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Bill: Income tax proposal of August 4024
Details
Submitted by[?]: Stanton House
Status[?]: defeated
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: April 4025
Description[?]:
| The Stanton House 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 | 8% | 32,052,000,000 BEL |
| > 20,000 BEL | 16% | 26,222,000,000 BEL |
| > 30,000 BEL | 35% | 22,395,000,000 BEL |
| > 40,000 BEL | 45% | 17,050,000,000 BEL |
| > 55,000 BEL | 50% | 1,895,000,000 BEL | Total | 99,614,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 03:32:42, May 07, 2016 CET | From | Unsubmissive Beluzian Workers Party | To | Debating the Income tax proposal of August 4024 |
| Message | This will lead us into a defickt |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 0 | |||||
| no | Total Seats: 153 | |||||
| abstain |
Total Seats: 440 |
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