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Bill: Income tax proposal of February 4077
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: October 4077
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 |
| > 9,000 BEL | 5% | 2,759,000,000 BEL |
| > 10,000 BEL | 15% | 35,833,000,000 BEL |
| > 15,000 BEL | 25% | 66,275,000,000 BEL |
| > 25,000 BEL | 30% | 30,777,000,000 BEL |
| > 35,000 BEL | 35% | 8,008,000,000 BEL |
| > 40,000 BEL | 40% | 12,019,000,000 BEL |
| > 50,000 BEL | 45% | 5,329,000,000 BEL | Total | 161,000,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 105 | |||
| no | Total Seats: 180 | |||
| abstain | Total Seats: 465 |
| 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: "A Bill of Rights that means what the majority wants it to mean is worthless." - Antonin Scalia |