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Bill: Income tax proposal of November 4294
Details
Submitted by[?]: Beluzian 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 not pass any sooner than the deadline.
Voting deadline: July 4295
Description[?]:
| The National Opposition Union 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 luxury goods.
Old value:: 10
Current: 10
Proposed: 0
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 14
Current: 10
Proposed: 0
Article 3
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 BEL | 10% | 119,322,000,000 BEL |
| > 40,000 BEL | 1% | 419,000,000 BEL | Total | 119,741,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 287 | |||||
| no |
Total Seats: 463 | |||||
| abstain | Total Seats: 0 |
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