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Bill: Income tax proposal of April 2177
Details
Submitted by[?]: Moderate Beluzians
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: March 2179
Description[?]:
| The Beluzian Moderates propose to adjust the government's income tax policy to better address the economic situation of the Beluzian Republic. |
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 |
| > 1,000 BEL | 5% | 2,828,000,000 BEL |
| > 2,000 BEL | 10% | 5,655,000,000 BEL |
| > 3,000 BEL | 15% | 8,483,000,000 BEL |
| > 4,000 BEL | 20% | 202,056,000,000 BEL | Total | 219,022,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 18:20:23, January 28, 2006 CET | From | Moderate Beluzians | To | Debating the Income tax proposal of April 2177 |
| Message | Since the government just passed a bill eliminating minimum wage, we need to lessen the tax burden on our citizens. This returns 6,689,000,000 back to our people. It futher limits the tax burdens on the poor by raising the amount of people falling into the first bracket. OCC: If this causes a defiect, I plan to cut spending later. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 39 | ||||
| no | Total Seats: 29 | ||||
| abstain | Total Seats: 32 |
| Random fact: Particracy allows you to establish an unelected head of state like a monarch or a president-for-life, but doing this is a bit of a process. First elect a candidate with the name "." to the Head of State position. Then change your law on the "Structure of the executive branch" to "The head of state is hereditary and symbolic; the head of government chairs the cabinet" and change the "formal title of the head of state" to how you want the new head of state's title and name to appear (eg. King Percy XVI). |
| Random quote: "Politics is for the present, but an equation is for eternity." - Albert Einstein |