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Bill: Income tax proposal of July 4218
Details
Submitted by[?]: Conservative Republican Party
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: July 4219
Description[?]:
| The Conservative Republican Party propose to adjust the government's income tax policy to better address the economic situation of the 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 |
| > 1,000 BEL | 5% | 12,720,000,000 BEL |
| > 5,500 BEL | 10% | 11,306,000,000 BEL |
| > 7,500 BEL | 14% | 23,279,000,000 BEL |
| > 10,500 BEL | 40% | 191,394,000,000 BEL |
| > 25,000 BEL | 45% | 27,593,000,000 BEL |
| > 30,000 BEL | 60% | 63,575,000,000 BEL | Total | 329,867,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 02:40:56, May 30, 2017 CET | From | Conservative Republican Party | To | Debating the Income tax proposal of July 4218 |
| Message | This tax bill provides much needed tax relief for our struggling middle class. |
| Date | 21:40:34, May 30, 2017 CET | From | United Party | To | Debating the Income tax proposal of July 4218 |
| Message | "While it does provide relief to the middle class, it causes the lower class to have to pay 5% of there 1000-5500 BEL income which can be devistating to the lower end of the bracket. I request that the Congress votes no. Robert Newman Minister of Finance |
| Date | 04:23:58, May 31, 2017 CET | From | Conservative Republican Party | To | Debating the Income tax proposal of July 4218 |
| Message | "It is only fair that every level of our society contributes to our public services. We continue to exempt the desperately impoverished, but feel quite strongly that 5% is not too much to ask from even our less-fortunate citizens." Margaret Lawson Conservative Republican Spokeswoman for Finance |
| Date | 14:50:53, May 31, 2017 CET | From | Unionist Party | To | Debating the Income tax proposal of July 4218 |
| Message | "We do agree with most of this proposal, 5% is too much to ask our lower-income citizens. That 5% might be a month of rent or food, and too deprive them of their daily needs would be cruel." Josiah Lyman Liberal Whip, MC, Candidate for Speaker |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 0 | ||||||
| no |
Total Seats: 685 | ||||||
| abstain |
Total Seats: 65 |
| Random fact: The voters enjoy active parties who take upon themselves the initiative to create laws. |
| Random quote: "What we are doing to the forests of the world is but a mirror reflection of what we are doing to ourselves and to one another." - Gandhi |