We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of June 4296
Details
Submitted by[?]: Stanton House
Status[?]: passed
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: February 4297
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 Tax percentage of the profit made by corporations.
Old value:: 30
Current: 10
Proposed: 35
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 10
Proposed: 35
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 |
| > 7,000 BEL | 5% | 8,398,000,000 BEL |
| > 10,000 BEL | 10% | 19,628,000,000 BEL |
| > 14,000 BEL | 13% | 23,052,000,000 BEL |
| > 19,000 BEL | 17% | 22,118,000,000 BEL |
| > 25,000 BEL | 22% | 17,612,000,000 BEL |
| > 32,000 BEL | 28% | 12,652,000,000 BEL |
| > 40,000 BEL | 35% | 14,593,000,000 BEL | Total | 118,053,000,000 BEL |
Debate
These messages have been posted to debate on this bill:
| Date | 05:37:39, November 02, 2017 CET | From | Beluzian Party | To | Debating the Income tax proposal of June 4296 |
| Message | this proposal will break the nation. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||||
| yes |
Total Seats: 463 | |||||
| no |
Total Seats: 287 | |||||
| abstain | Total Seats: 0 |
| Random fact: "Spamming", or the indiscriminate posting of unsolicited messages, is not allowed. |
| Random quote: "You know what's interesting about Washington? It's the kind of place where second-guessing has become second nature." - George W. Bush |