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Bill: Income tax proposal of November 4253
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: July 4254
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
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% | 21,597,000,000 BEL |
| > 10,500 BEL | 39% | 186,448,000,000 BEL |
| > 25,000 BEL | 50% | 30,642,000,000 BEL |
| > 30,000 BEL | 55% | 35,256,000,000 BEL |
| > 40,000 BEL | 60% | 17,970,000,000 BEL |
| > 50,000 BEL | 70% | 5,602,000,000 BEL |
| > 55,000 BEL | 80% | 3,035,000,000 BEL | Total | 300,550,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 177 | ||||
| no |
Total Seats: 573 | ||||
| abstain | Total Seats: 0 |
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