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Bill: Income tax proposal of March 4293
Details
Submitted by[?]: United People's Party
Status[?]: passed
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: November 4293
Description[?]:
| The Liberal Democratic 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 |
| > 3,000 BEL | 3% | 3,389,000,000 BEL |
| > 5,000 BEL | 5% | 5,648,000,000 BEL |
| > 7,000 BEL | 7% | 11,771,000,000 BEL |
| > 10,000 BEL | 10% | 19,652,000,000 BEL |
| > 14,000 BEL | 13% | 23,078,000,000 BEL |
| > 19,000 BEL | 17% | 22,143,000,000 BEL |
| > 25,000 BEL | 22% | 17,632,000,000 BEL |
| > 32,000 BEL | 28% | 12,667,000,000 BEL |
| > 40,000 BEL | 35% | 14,611,000,000 BEL | Total | 130,591,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 17:22:43, October 26, 2017 CET | From | Beluzian Party | To | Debating the Income tax proposal of March 4293 |
| Message | Yes! tax cuts! |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 617 | ||||
| no | Total Seats: 71 | ||||
| abstain |
Total Seats: 62 |
| Random fact: Parties have the ability to endorse another party's candidate for the Head of State election (if there is one). This adds a strategic element to the elections. |
| Random quote: "If homosexuality is a disease, let's all call in queer to work. 'Hello. Can't work today; still queer.'" - Robin Tyler |