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Bill: Income tax proposal of December 4231
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 not pass any sooner than the deadline.
Voting deadline: November 4232
Description[?]:
The Stanton House propose to adjust the government's income tax policy to better address the economic situation of the Republic of Beluzia. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 1
Article 2
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 |
> 7,500 BEL | 13% | 21,556,000,000 BEL |
> 10,500 BEL | 39% | 186,109,000,000 BEL |
> 25,000 BEL | 50% | 30,575,000,000 BEL |
> 30,000 BEL | 55% | 35,216,000,000 BEL |
> 40,000 BEL | 60% | 17,983,000,000 BEL |
> 50,000 BEL | 70% | 5,612,000,000 BEL |
> 55,000 BEL | 80% | 3,046,000,000 BEL | Total | 300,097,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes |
Total Seats: 261 | |||
no |
Total Seats: 239 | |||
abstain |
Total Seats: 250 |
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